10-29-2012 08:10 AM
Is it still possible to get good investment properties?
BTW, how do you decide which is a good opportunity? I found this calculator, seems pretty useful. If cap rate is above 5%, should I consider it a good one? http://propertycashflowcalculator.com/
11-01-2012 01:08 PM
It's hard to get a good deal for rental in Sacramento area now. Any good that's under $160k got multiples bid/overpay by first time home buyers.
If you're looking to flip, I still see one or two great investments per month. Be patient and keep hunting.
01-20-2013 08:40 AM - last edited on 01-20-2013 11:21 AM by SheilaM
Yes there are investors still securing opportunites each month in the greater Sacramento area. THere are even custom home builders marketing new projects in the surrounding areas.