All Forum Posts by: David Song

@Lida Langley $250k, what kind of house are you recommending? Which location?

You can remove those wallpapers by heating it with a steamer, a hair dryer, or anything that warms up the glue. There are also wallpaper removal chemicals from Home Depot. Scratch the paper to make it easier. Not that hard.

@William B. Very interesting stuff. What kind of foundation requirement? Does it meet any city or state building requirements? 

Or this is more like a mobile home?

If the bay area cities allow this to be built as ADU, I will be interested.

You need to have the plan approved first. Otherwise, it will be hard for builder to give you any estimate. 

The plan approval will take a long time.

@David Campbell nice job. This is not abnormal, but actually happening to many people buying in CA coastal areas, whether for primary residence or investment. Location is key to investment, not cash flow. Many novices can not really understand this at all. 
I only invest in SF Bay Area. Period.

Unless the setback, lot coverage, floor area ratios, parking requirements were also changed, these new laws are meaningless for majority of urban properties. 

Very interesting. Here is my take:

1. For high end zip codes, this will have minimal effect (e.g. Palo Alto, Hillsborough). The valuation is higher with SFR than duplex.

2. For blue collar neighborhoods (e.g. Hayward, Union City, San Leandro, etc), those are perfect for adding more units to SFR. This bill will likely increase the valuation of SFR with larger lots.

3. Land value zoned for SFR will increase in those blue collar neighborhood.

I support this bill.

@Charles Cooper

Thanks for the info. Under contract for a townhouse near the loop, 2 blocks away near bay dr.

$1300 for one room? Do students share rooms? Where to post those room rentals? Craigslist?

What is the typical rent for students there? How is the market?