Newbie Investor in the Sacramento Area.

Newbie Investor in the Sacramento Area.

Member since 2020 · 3 posts · 6 votes

Aloha, first I'd like to thank the team at Biggerpockets, incredible content, thank you so much for all that you do. I have been fueling my fire this past month, listening to podcasts, talking to local investors, and doing my duediligence (nerding out) on everything about investing that can find. I am in the Sacramento area, and plan to stay in my general area to buy and hold properties. I am of course open to any type of investing that can help me get my foot in the door. I would LOVE to connect with anyone worldwide that would like to share any helpful tips and tricks for a new investor. If you are in the Sacramento area, please contact me anytime! A little background about me, I am 30 years old, I moved with my family back to my hometown of Sacramento from Hawaii 2 months ago. I was working with a good family friend of ours doing some Contracting work, and when I was ripping out drywall I thought to myself I really don't want to be doing this anymore. I've worked since I was 15 years old and climbed to the top of every business that I've ever worked for, I am an extremely hard worker and generally love what I do. I would just love to see my hard work pay off with income that I can use to support my growing family. I want to finally be financially free! I am extremely motivated and I cannot wait to get started investing in real estate. Like other newbies, I feel like getting started is the hardest part. If anyone has any advice you'd be willing to share with me please contact me and we can set up a zoom meeting. I'd love to hear all of your input big or small. Once again thank you very much Joshua Dorkin, Brandon Turner, and everyone else that helps the BiggerPockets Community Grow. I'll be looking forward to talking to you all! Aloha, Steven Rath.

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Investor-friendly agents in Sacramento, CA

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Member since 2020 · 7 posts · 10 votes
5y

Hello and welcome. I am also in the Sacramento area focusing on buy and hold. I currently have 1 investment property and am on the hunt for my next. I’m always looking to network. Let me know if you ever want to talk about options, strategy or anything else Real estate.

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  • Real Estate Agent · Sacramento/Placer ~ San Francisco Bay Area counties · Member since 2012 · 1k+ posts · 743 votes
    5y

    @Steven Rath

    A warm welcome to BP. Due to the pandemic and since there are temporarily no local REIA's meeting at various locations in the Sacramento/Placer county area all Meetup's are being organized through Zoom webinars.

    For area Meetup's here's a link:https://www.meetup.com/cities/...

    Welcome back to the mainland and good luck...

  • Member since 2020 · 26 posts · 13 votes
    5y

    What’s going on Steven, welcome back man. Good on you for recognizing your own hard work and making the push to set yourself up accordingly through education and networking. 

    I’d love to grab a coffee and chat about RE opportunities here in Sac. You are I seeking similar investments. DM me for a safely spaced meet and greet so we can start bouncing ideas off of each other. Thanks.

  • Investor · Sacramento, CA · Member since 2017 · 58 posts · 27 votes
    5y

    Welcome Steven! Also based in Sac and happy to connect and share my experiences from the past few years. 

  • Member since 2020 · 3 posts · 6 votes
    5y

    Thank you all for your great responses! I will be contacting you all after work today. Looking forward to speaking with you

  • Realtor · Austin, TX · Member since 2016 · 1k+ posts · 1k+ votes
    5y

    Welcome to BiggerPockets @Steven Rath!

  • Member since 2020 · 7 posts · 10 votes
    5y

    Hello and welcome. I am also in the Sacramento area focusing on buy and hold. I currently have 1 investment property and am on the hunt for my next. I’m always looking to network. Let me know if you ever want to talk about options, strategy or anything else Real estate.

  • Ben HowardPro Member
    Real Estate Agent · El Dorado Hills, CA · Member since 2017 · 160 posts · 67 votes
    5y

    Good morning @Tammy Kerns welcome to Bigger Pockets! Is the investment property which you currently own in the Sacramento region? If yes, are you comfortable sharing more details about it?

  • Member since 2020 · 7 posts · 10 votes
    5y

    Hi Ben! 
    Yes,it is in Sacramento, near Rancho  Cordova. Single Family, 1450 sqft, rented for 3years, rents for $1875. Currently cash flows $200/mo on a 15yr loan. I’m getting ready to refinance to 30yr for increased cash flow and pull out some equity.

  • Property Manager · California Washington North Carolina South Carolina, Georgia and Alabama · Member since 2020 · 71 posts · 27 votes
    5y

    Hello All,

    I was just wondering how many investors are looking to use the low interest rates to acquire new properties or be better positioned in the future to acquire? Recently joined BiggerPockets and am a Property Manager in the greater Sacramento market and looking to see the trend in this space.

  • Ben HowardPro Member
    Real Estate Agent · El Dorado Hills, CA · Member since 2017 · 160 posts · 67 votes
    5y

    Thank you for the details on your investment @Tammy Kerns 

    @Brian Fitzgerald I have noticed more investors working with lenders to secure lower interest rate owner occupied financing while living a year at their investment. With many technology employers allowing their employees to work from home, those employees can move out of their Bay Area rental and purchase a long term investment in the Sacramento area.

  • Investor · Sacramento, CA · Member since 2017 · 58 posts · 27 votes
    5y
    Originally posted by @Brian Fitzgerald:

    Hello All,

    I was just wondering how many investors are looking to use the low interest rates to acquire new properties or be better positioned in the future to acquire? Recently joined BiggerPockets and am a Property Manager in the greater Sacramento market and looking to see the trend in this space.

    I am! Trying to get positioned to acquire and keeping an eye out for the next deal as well with these great rates!

  • DJ DawsonBusiness Member
    Real Estate Agent · Sacramento, CA · Member since 2015 · 394 posts · 259 votes
    5y
    Originally posted by @Vikram Singh:
    Originally posted by @Brian Fitzgerald:

    Hello All,

    I was just wondering how many investors are looking to use the low interest rates to acquire new properties or be better positioned in the future to acquire? Recently joined BiggerPockets and am a Property Manager in the greater Sacramento market and looking to see the trend in this space.

    I am! Trying to get positioned to acquire and keeping an eye out for the next deal as well with these great rates!

    @Vikram Singh good news ! fed just announced low rates are here to stay! (for now)

    https://www.cnbc.com/2020/11/0... 

  • Solo 401k Expert · Anaheim Hills, CA · Member since 2012 · 18k+ posts · 6k+ votes
    5y

    @Steven Rath

    Welcome to the BP community! Great that you joined the site!

    Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts

    Good luck on everything!

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