All Forum Posts by: Scott Scoville

So recently I asked for help looking to do Out of state investing for multi unit renting. I live in CA and I am also interested if I should try house hacking here. 

My questions are,

1) Is it worth it to try house hacking here with such high California prices? if not should I continue with out of state markets?

2) What are some good places to consider house hacking in California? 

3) What are some of the most important things to know when getting into house hacking in CA?

My goal is to create cash flow. I currently live at home for free and have a good amount of money saved up to make a down payment. 

Hi Scott, thank you, while we are located in Sacramento, the property in question is in Mendocino on the coast.

Good morning,

My wife and I are looking to buy a STR and I've done some research and reading, but there is always so much left to learn. Good books so far have been Short-Term Rental Tax Secrets and Every Airbnb Host's Tax Guide (still working on this one). I posted a question in the STR forum looking for confirmation and/or guidance on our plan. If someone is able to answer it or even just address a portion, that would be helpful (I realized it's quite long after I posted it). I tend to bounce around the web a lot looking for information, but this forum seems to stand out above others for quality information, and any help is appreciated. Thx.

Justin in Sacramento

Hello, the multi family house here in Sacramento is expensive. I'm thinking of buying land and building 4plex from ground up. Did any one build any duplex or 4plex from ground up? Is it worth it or buying existent duplex or 4plex is a better option? In Sacramento area. Duplex is going around $650k while 4plex going around $1million. I think I can build it for around $650,000 plus land in a great area. Land is around $250k. Any feedback will be appreciated. 

Hey BP Fam!

I’m looking to connect with multifamily owners, developers, brokers, and operators in the Sacramento County area.

I work with Ascenda Capital, based out of Los Angeles. We focus on taking market-rate multifamily properties and turning them into quality, affordable workforce housing — the kind of places everyday people like teachers, nurses, and first responders can actually afford. We’re passionate about serving the “missing middle” — folks who don’t qualify for subsidies but are getting squeezed out of the newer, high-end developments.

While we’ve been very active in Texas, we’re now shifting our focus to key California markets, and Sacramento is high on our list.

Would love to connect, trade insights, and explore how we can collaborate or add value. If you’re active in this space — let’s talk!

Looking forward to meeting more of you.

Looking to lend against my 401k for some flips, but I want to work with a team that has flipped before in or around the Bay Area. Sacramento is okay too. If this sounds like you or a team you know, please let me know!

I’m preparing to make my first real estate investment and would appreciate your insights. Here’s my situation: I have $100,000 available for my first deal(s) and currently earn $80,000 per year from my W-2 job.   Option A: House Hack Locally (Sacramento, CA Region)   • Purchase a 3-4 bedroom home for $400,000–$500,000. • Local rents average about $800 per bedroom. • A 15–20% down payment is required, which would use up most of my capital and limit my ability to pursue additional investments in the near term.     Option B: Out-of-State Rental(s)   • Invest in markets where homes cost $200,000–$250,000, with rent-to-price ratios of 0.5% or higher. • This approach could allow me to diversify, potentially acquire multiple properties, and maintain some liquidity for future deals.   If anyone has alternative strategies or perspectives-such as creative financing, partnerships, or leveraging different real estate investment models like BRRRR or syndications-I’d love to hear your thoughts. Thank you!

Hey all,

I am in the early stages of preparing an out of state property for sale, and I am curious about which real estate markets have the best ROI/CAP rates etc. I live in the Bay Area and a few years back, I inherited a condo unit in Chicago with an existing tenant that did not cash flow. I'm just coming up for air after a brutal ~8 month long eviction process (nonpayment of rent), and I am realizing the numbers don't make sense to rent again given market rates in the area are lower than costs to keep the place up (mortgage + monthly assessment + repairs + insurance). Also HOA is quite restrictive, so there's little potential to be creative with my rental strategy with a short- or mid-term rental. There is equity in the property and the realtor estimates my net at close would be ~$75K. Thoughts on which markets to look next? I don't want to invest in a condo again - open to single-family standalone homes, multi-family, short- and mid-term rentals. Also very open to rent to Section 8 tenants.

Hey BP Fam! I’m preparing to make my first real estate investment and would appreciate your insights. Here’s my situation: I have $100,000 available for my first deal(s) and currently earn $80,000 per year from my W-2 job.   Option A: House Hack Locally (Sacramento, CA Region)   • Purchase a 3-4 bedroom home for $400,000–$500,000. • Local rents average about $800 per bedroom. • A 15–20% down payment is required, which would use up most of my capital and limit my ability to pursue additional investments in the near term.     Option B: Out-of-State Rental(s)   • Invest in markets where homes cost $200,000–$250,000, with rent-to-price ratios of 0.5% or higher. • This approach could allow me to diversify, potentially acquire multiple properties, and maintain some liquidity for future deals.   This has been a dream of mine for some time now and I feel like I am finally in a position to make the move. If anyone has alternative strategies or perspectives-such as creative financing, or leveraging different real estate investment models like BRRRR or syndications-I’d love to hear your thoughts. Thank you!