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All Forum Posts by: Chad Hale

Chad Hale has started 9 posts and replied 752 times.

Post: Any recommendations banks that offer zero fees tenant security deposit accounts?

Chad Hale
Posted
  • Property Manager / Investor
  • San Jose, CA
  • Posts 761
  • Votes 290
Check out Enterprise Bank and Trust

Post: Lawyer Recommendations in SF Valley

Chad Hale
Posted
  • Property Manager / Investor
  • San Jose, CA
  • Posts 761
  • Votes 290
Bummer,  I tried.

Post: Lawyer Recommendations in SF Valley

Chad Hale
Posted
  • Property Manager / Investor
  • San Jose, CA
  • Posts 761
  • Votes 290

Todd Rothbard group is good.

https://toddrothbardlaw.com/

408.244.4200

No affiliation, etc...

Post: Lawyer Recommendations in SF Valley

Chad Hale
Posted
  • Property Manager / Investor
  • San Jose, CA
  • Posts 761
  • Votes 290

@Akash Das what type of attorneys are you looking for, eviction, writing leases, fair housing, etc.

Post: Best listing platforms for residential lease

Chad Hale
Posted
  • Property Manager / Investor
  • San Jose, CA
  • Posts 761
  • Votes 290
Depends on the area.  In the San Jose, CA area, Zillow.

Post: Sell condo or Keep it for rent

Chad Hale
Posted
  • Property Manager / Investor
  • San Jose, CA
  • Posts 761
  • Votes 290

@Vipul Beriwal calculate how much short you will be every month.  Add in vacancy, repairs etc.  That should give you a rough yearly loss/gain number.  Do you believe / think the market will go up that amount per year.  That will help you determine a break even period or not and if it might be worth holding at a loss (how much and can you sustain it) until you sell it.  It may be best to bite the bullet now and move on?  Detailed numbers, your personal ability to carry a loss, risk tolerance, belief in the San Jose market etc will guide you.

Post: Credit Report and Background

Chad Hale
Posted
  • Property Manager / Investor
  • San Jose, CA
  • Posts 761
  • Votes 290

I am not permitted by law to share credit reports with others (anyone) who is not authorized to receive.  I can summarize and talk about what is in the report but can not and will not share a copy of the report.  If you don't trust the person you are working with to accurately understand the report and share with you the relevant information, you need to find someone else to work with or do it yourself.

Post: Remote investing for buy-and-hold strategy

Chad Hale
Posted
  • Property Manager / Investor
  • San Jose, CA
  • Posts 761
  • Votes 290

@Niranjan P Ghate I hear you on San Jose area being expensive.  Have you talked with any experienced realtors in the area to confirm your ability to participate locally?  It's hard to get in, but once you do it gets easier here.  Not trying to derail your out of state questions...

Post: Section 8 Issue

Chad Hale
Posted
  • Property Manager / Investor
  • San Jose, CA
  • Posts 761
  • Votes 290


@David Nunn  No, you don't want to participate in that scheme.

It's illegal and considered fraud. 

Also, do you want that kind of a tenant,  doesn't want to follow rules and is willing to lie?

How do you think they are going to treat you and your property?

Post: Is HouseHacking in the Bay Area realistic?

Chad Hale
Posted
  • Property Manager / Investor
  • San Jose, CA
  • Posts 761
  • Votes 290

@Miquel Julia Househacking is a great idea in the bay area.  Commute traffic is interesting in the bay area.  Physical distance (miles away) is not the only measurement.  Best to look at your work address and then monitor commute times from different areas and at different times of the day.  Agreed with @Wilson Lau commuting from Morgan Hill is tough. That's almost 30 minutes to Mountain View with no traffic.