InnoVest Resource Management's Foreclosure Forum

Home Discussion Board "Hands-On" Training Title Holding Trust Speaking Schedule Store Foreclosure Codes 50 State Resource Data Foreclosure Glossary Foreclosure Statistics 60+ Yrs Interest Rates Fillable Forms Archived Articles Dingbat Retirement Plan Links Contact / Map Home

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Sacramento Area Opinions Posted by Sac guy on March 07, 2004 at 10:52 PM In Reply to: Sacramento Area Opinions posted by Nick on March 04, 2004 at 8:38 PM : Hi. Anyone have an opinion on Sacramento? I may get an interesting job offer in this area and taking it will highly weigh on how I can make money flipping properties/rehabbing on the side. Everything I read points to this being the next hot area. All the big homebuilders are already speculating. It takes much less capital to get in the door, affordability index is much better than SoCal, etc. I am curious as to your data on Sacramento being the next hot area. I live in Sacramento, and while it you are correct that it is generally cheaper than So Cal, it's still California and 2-3x places like Las Vegas and Phoenix. There's also a lot less population to work with, plenty of land, and strong supply of housing, and enough foreclosure competition that I believe it to be very unlikely that a part-timer will succeed. I suggest you either take the job and enjoy your spare time, or move up here and take the plunge full time and take your best shot at the local competitors who already know the markets. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : Hi. Anyone have an opinion on Sacramento? I may get an interesting job offer in this area and taking it will highly weigh on how I can make money flipping properties/rehabbing on the side. Everything I read points to this being the next hot area. All the big homebuilders are already speculating. It takes much less capital to get in the door, affordability index is much better than SoCal, etc. : I am curious as to your data on Sacramento being the next hot area. I live in Sacramento, and while it you are correct that it is generally cheaper than So Cal, it's still California and 2-3x places like Las Vegas and Phoenix. There's also a lot less population to work with, plenty of land, and strong supply of housing, and enough foreclosure competition that I believe it to be very unlikely that a part-timer will succeed. I suggest you either take the job and enjoy your spare time, or move up here and take the plunge full time and take your best shot at the local competitors who already know the markets. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction. Read our privacy policy.

Copyright © 1997-2004, InnoVest Resource Management
http://www.foreclosureforum.com

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455