Investment Club Meeting: August 2021

PART 1 – BOOK REPORT: Big Shifts Ahead by John Burns

See the video: https://gobbiwright.com/book-report-2-big-shifts-ahead/

PART 2 – MARKET UPDATE: a quick review of the stats for Sacramento County.

Active Inventory (Aug. 2) 1,284

SFR Sold in July – 1,525

Median Sold Price declined 1.8% Jun.-Jul.

Median DOM = 7

Months of Inventory = .6 months

% of sales with Multiple Offers = 70%

Click on picture to view slides from presentation.

PART 3 – TOPIC OF DISCUSSION: how to qualify investments for tenant quality

Long Term Residential Investment rely of tenants paying their rent over long periods of time, and not creating too much expense for the owners.

This is a review of the benefits of good tenants, drawbacks of less good ones, and the criteria to more likely get the tenants you desire.

Click on picture to view slides from presentation.