All Forum Posts by: Ranjit Sandhu
Ranjit Sandhu has started 12 posts and replied 203 times.
Post: Is trying to BRRRR in So Cal where I live possible than doing out-of-state investing?
- Real Estate Broker
- Rocklin, CA
- Posts 218
- Votes 82
Quote from @Scott Scoville:
Quote from @Allen Ramirez:
Hello Awesome BiggerPocket peeps! I live in San Diego and am trying to find local areas where I can BRRRR. I'm familiar with the Crestline/Lake Arrowhead area where I'm trying to find run down places to add value to but I'm still running into numbers that aren't the best. I'm wondering if buying out of state is the way to go. Any advice, guidance, or next steps would be helpful! I can also help if anyone needs a Structural Engineer for any remodeling or renovations! I'm licensed in 48 states so I can help most states 👍 thanks! Allen Ramirez
Hey @Allen Ramirez, we're "BRRR'ing" up in Sacramento. Focused mostly on good locations, with plenty of value add potential. Add square footage or beds/baths. Getting deals on the MLS and off market. Location is key though.
Post: Looking for Property Management
- Real Estate Broker
- Rocklin, CA
- Posts 218
- Votes 82
@Khushbu Magiya most of my clients uses RNB property management in Rocklin and Elk Grove They are pretty good.
Post: North highlands area a good investment?
- Real Estate Broker
- Rocklin, CA
- Posts 218
- Votes 82
North highland area is ok but Roseville Rocklin is way better compared to NH for investment.
Post: Seeking advice for making offers on mls listings
- Real Estate Broker
- Rocklin, CA
- Posts 218
- Votes 82
@Khyree Randall If the house needs work for $80k-$100k then it shouldn't be priced accordingly. Your realtor should help you by doing the comps for those homes. And I'm talking about MLS listings not off market wholesaling.
Post: Vacant Lot for seller near Sacramento's City Center
- Real Estate Broker
- Rocklin, CA
- Posts 218
- Votes 82
Quote from @Carlee Dalmau:
This approximately 0.35-acre vacant lot is an exceptional investment opportunity in the heart of Sacramento. Located at 4164 63rd St in Sacramento its ideally located 15 minutes to Sacramento's city center.
With its prime location, this versatile property offers incredible potential for development. The options are abundant with this lot. You could possibly build a single-family residence, maybe add an ADU, or possibly multi-family units. Your private driveway will enhance privacy, giving the property a serene and secluded feel while being conveniently located in the city's vibrant center. Don't miss out on this unique chance to capitalize on Sacramento's growing market. This lot offers endless possibilities for both personal use and investment. Come see it for yourself and envision the future!
What’s the price and is there any utilities onsite?
Post: Looking to work with local Sacramento Realtors
- Real Estate Broker
- Rocklin, CA
- Posts 218
- Votes 82
What area are you looking into? I too get off markets sometimes. Are you putting 100% cash that's where you get good deals or hard money. Let me know.
Post: Almost 2 years in and haven't made any money (via cashflow)
- Real Estate Broker
- Rocklin, CA
- Posts 218
- Votes 82
That's why I would never buy too far out of state where I can't drive by if I need to but that's my perspective. We always learn from our mistake and you maybe PRO for your next deal. All the best!
Post: Mobile Home Flip Opportunity in 55+ Community
- Real Estate Broker
- Rocklin, CA
- Posts 218
- Votes 82
@Dino Rosetti What is the space rent for those mobile homes?
Post: What to watch out for? Rural rental, N. CA.
- Real Estate Broker
- Rocklin, CA
- Posts 218
- Votes 82
@Bob Beach Oh I thought you didn't have any evidence. I'm glad you took the pictures. I think the main question is how to convince your sister and father. I guess maybe they don't care.
Post: What to watch out for? Rural rental, N. CA.
- Real Estate Broker
- Rocklin, CA
- Posts 218
- Votes 82
Quote from @Bob Beach:
My 94-year-old dad has a rental outside of Sacramento. Small town, in the country, 2/1 on one acre. My sister and I have delt with it but different opinions on how to manage it so it's now 95% my sister. The tenant has been a problem from the beginning, such as behind in rent for a year, buys a brand-new Jeep, lies about ex-husbands job, child support, court cases, etc...
Now, the house needs a new deck, so I went up to inspect it. I found that the tenant has turned the property into a small farm. multiple pens set up with at least one pig, 4 or 5 goats, more chickens and ducks than you can count. The garage was open about 2 feet and had a screen in front of it so I imagine there's animals in there too. In addition, there is an above ground pool, maybe 3 to 4' deep. The tenant never asked permission for any of this. I have rentals in TN and one tenant put up a pool and our insurance cancelled us till we had the PM get them to take it down. We also have a "no pet" policy were a couple tenants brought in pets that caused issues.
My sister did not want to get rid of the tenant because she was afraid, we would get "a bad person in". I've talked to my dad multiple times about the pool and animals, but he doesn't seem too concerned. My sister doesn't think anything I say is true. What are the liabilities? Thanks for any information.