I really do! Every since my first home purchase I have been hooked!
This weekend one of our favorite Realtors, Todd and myself, took a group of folks out to look at some area investment deals in the Sacramento area.
What a great time! We met a a local Starbuck's and headed off in our van to check out Sacramento investment deals up the 80 corridor.
The biggest shocker most people have when attending our real estate bus tours, is the amount that the home had previously sold for (or in some cases refinanced). There were obviously some questionable practices on determining the values in order to get to the previous mortgage amount.
We looked at 8 or so potential opportunties scattered all over the place. We looked at homes in Foothill Farms, North Highlands, Citrus Heights, and Natomas. I think there were a couple in Sacramento, but after a while it was all just a blur! The scary thing was I was driving!
There were some dozys that were good for investors who were not afraid of a little elbow grease and the questionable neighborhoods and there were some darling little homes that would great for a lease option renter.
The consitant theme was potential investors were shocked that you could get a Sacramento home to cash flow and the huge number of great homes under $150,000.
Some of the homes we looked at needed just general cleaning and was rent ready. Most 
homes needed carpet and paint and a timer on the sprinkler so the lawn would turn green again.
It was a great way to spend a Saturday morning and I can't wait to do it again. We are scheduling another tour in about six weeks so if you are interested, give us a call.
I will post some pictures later today!
This blog by:
Team Newington
Sacramento Mortgage Planners
(916) 687-6868
www.SuperiorLoanTeam.com
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