Investing in Natomas area?

[Paul Saechao]

What are your thoughts of investing in rental properties in the Natomas area? I feel like Natomas might become what Elk Grove has been in the last 10-15 year, blooming like crazy. Can anyone tell me their experiences in investing here? What's the cash flow like?

[Jean Marx]

Hi Paul - A couple things came to mind when I read your post. The first is that a number of Natomas properties require flood insurance, so you'll definitely want to verify and consider that if you find a property your interested in. Here's a link to some Natomas flood information on the City of Sacramento website that might be helpful. It includes some numbers you can call. Secondly, Elk Grove has a sought after school district that draws a lot of families to the area. I work with a number of people that live in both areas. It's a small sampling, but the people I know generally chose Natomas for airport proximity/short commute and Elk Grove for the schools. Good luck with your investing!!

-Jean

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