All Forum Posts by: Noah Laker

Hey Carlos, I’m a broker here in sac and we do a lot of subto/assumable deals. I have a couple opportunities in sac. Are you looking for a primary or investment? 

Hey Sejin, I’m a local broker and airbnb investor (100+ properties managed)

There are numerous benefits to selling with a realtor, the average sale price is close to 15% higher than FSBO, and a good broker will help with the sensitive disclosures and paperwork associated with transacting a property.
With proper marketing you can get top dollar for a short term rental. Just ask your broker for a discount. I’ll list it for 1% right now if you really need help. 

Hey Sam, I'm a broker and we manage over 100 properties on airbnb. You just have to get your BOT and STR permit from the city. We help our clients do it all the time. I'll dm you :)

Hey Michael, I am a broker and investor here in Sacramento. We manage 100 rentals, mostly STR.

Two options to consider. 

1) With that low interest rate, it opens up possibilities to net a larger sales price with creative finance strategies like “Wrap” or “Subto.”

2) You could sell and reinvest that $200k net into something that yields a stronger rental return, while enjoying the same appreciation over the next 10-20 years for the family legacy. That's probably what I would do rather than holding a 3/1 SFR. Could turn that into a 2-4 unit building and collect multiple rents.

Hey Mariya, Scott and I work together at Hardin Realty & Property Management — we manage 100+ STR properties and love west Sacramento. It rents well and the regulations are friendly.
the only problem is, most of the townhomes have CC&Rs which prohibit short term rentals. 

You'll want something nearby but not in an HOA. I have a couple ideas :)

Hey Raj, I'm a broker and investor here in Sacramento. I'm managing 100+ properties mostly STR (airbnb).
for STR-friendly areas, West Sac 95605, Natomas 95833-34 and Citrus Heights are ideal!

I prefer multi family for cashflow but single family works well for long term holdings and tax benefits. Especially when you consider REP status from STR management.

 Sounds like a plan. You could sell with or without the tenants in place. 

 Hey Jose, I’m a local broker and manage over 100 investment properties. Not a lawyer!

if you have a long-term tenant, the first question is, how long have they lived in the unit? If over a year, and especially during a renewal, they have additional protections. 
”getting out of the real estate business” in 1482 would mean moving into the property yourself, or renting it to an immediate if family member. If you need help with investment real estate / management, a few of our agents are on this platform!

Hey Sejin, I'm a local broker and we manage over 100 STR properties, multifamily and single. If your broker markets the sale properly, you should be able to recover at least the excess in commission. Realtors typically sell properties ~10% higher on average over FSBO.

 Hey Sharad, I’m a local broker investor in Sacramento. We are targeting a few areas based on strategy, West Sacramento, Midtown downtown, or for more cash flow north Sacramento and Oak Park are interesting. I could draw you a map of Sacramento sometime :-)