Small multi-family (2-4 units) buy & hold investment.
Purchase price: $200,000
Cash invested: $220,000
Duplex in great shape just needed a little cleaning and a few repairs
What made you interested in investing in this type of deal?
Congrats! Are you trying to purchase it or sell it?
Sounds great! In which Sacramento neighborhood is the property located? If it’s a cash cow for you, I’m guessing the units have pretty high rental rates. Congratulations!!
great, how did you find it. I am looking for similar deal in same area or neat by.
please suggest how to find a cash cow
@Jacob Simpson Not looking to sell this property. Would definitely add another if I can find a similar deal.
@Mark Johnson Arden-Arcade area in Sacramento with close commute to downtown and large employers (Kaiser, Sutter & Mercy Hospitals). I focus on positive cash flow and high rental demand. They are out there still just take a bit more energy to find them.
@Ron Singh I found this property through a local realtor. Moved on it quickly and stayed patient as bank repo can take a a bit of time to close. Recommend the bigger pocket tools for evaluation of cash cow. I'm also a CPA and use this experience to evaluate the financials of each investment.
Hi Theresa! I’m looking to invest in a similar deal in Sac! Can you recommend me to your realtor?
Hi Anita, I sent a message. I am a licensed CPA & Realtor in California and find deals.
nice! I should be listing my duplex I am currently flipping here in Sacramento if anybody is interested , purchase price will be 265k. DM me for more info!
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