The Sacramento rental real estate market is still very good, which in most areas a less than 5% vacancy rate. However, the key to closing vacancies and and keeping units rented is to keep up with the market. What I mean by this is, you need to be flexible with your rental guideline standards. For instance, not using FICO scores to qualify the applicant. The reason why is, so many renters credit or new renters credit have been damage by the foreclosure’s and the economy. I would like to hear others comments on this?
Have A Nice Day Sacramento!
Sincerely,
Smooth Sailing Realty Team
www.SmoothSailingRealty.com
Sacramento Real Estate Market
The Sacramento real estate market is on sale now. One can purchase a investment property with 20-25% down and have positive cash flow. The rental market is stable and we believe it will continue to remain this way for all of 2012. Please tell us what your experiences have been this year and what are your thoughts for 2012 in Sacramento?