Sending this question in to my favorite community. Hoping to get some good insights. We have a rental in San Jose area. The house is quite old and has a sunroom at the back which is built with metal paneling. Looks like there was a waterproof coating on the roof that has worn out and may be water...
Hello Everyone, Do we have any active investors in the San Francisco Bay Area? If so let's connect, I'm an investor and Realtor as well! God bless!
I have an opportunity to purchase a single-family house from my mother for a fantastic deal. I'm interested in splitting the lot (ok under SB9) and building 2 units on each lot for a total of 4 units. I'm planning on living in one of the units, and I'm estimating earning $2,000 - $4,000 in rent p...
Hey folks First time investor and I'm looking to invest in a long term rental with a net positive cash flow. Mostly looking at options in Indiana and Ohio . looking to connect with similar people who have purchased recently or planning to do so.
I am owning one six units apartment and one seven units apartment in Bay Area and thinking about the next move. By examining several listings, I found out that apartments with 12-15 units on average has better cap rate than 4-7 units in Bay Area. For example, When 4-7 units aparment has 5~5.5% ca...
Evaluating a 12-unit in the Bay Area, built ~1956. Strong bones, dated finishes, full gut renovation planned. The complication: several legacy tenants, one in place 50 years at roughly 25% of market rent. City has no local rent control, but the property falls under AB 1482 — so 5% + CPI caps and,...
I saw some multifamily investors adopting BRRRR suffering from refinance and valuation loss due to higher mortgage rate. Making money in bull market is easy. However, they suffer great loss on bear market when levarage is high. May I have some suggestion about the real lessons about the bear mark...
I’m getting ready to start flipping properties in the Bay Area. My financing is already in place, and I have a trusted contractor lined up to handle renovations. The next—and most important—step is finding the right under-market property to purchase and flip. I’d greatly appreciate any suggestion...
Currently, I get one off-market apartment listing in preium location in Bay Area like Sunnyvale 94087. Here are financial statistics: Annual Scheduled Income: $240,000 NOI: $180,000 Sale Price: $3,000,000 Cap Rate: 6% Value add potential: 5 bedrooms can be remodeled to increase rent by $5000 mont...
My goal is to begin house hacking in the Bay Area within the next two years. But until then I am paying off substantial debt hence the 2 years goal. What's putting me in a bit of a financial and strategic bind is my parents' home. My parents are retired and are considering taking out a $150K HELO...
Hey everyone, I’m working on a flip and could use some layout advice for the second floor. Right now, the house is a 3 bed / 2 bath. Downstairs has 2 beds and 1 shared full bath. Upstairs has 1 bedroom, a full bath, and an open loft. The main issue is that the house doesn't have a true primary su...