All Forum Posts by: Jake Van Vorhis

Hi Christine!

Send me your deals please! I might have clients for them depending on what they are. Welcome to the site. 

Welcome to BP and even more, welcome to San Francisco! You live in an amazing city, and my favorite in the world. Congrats on your upcoming wedding as well! 

Matt, 

Some clients of mine calculate $350/sqft with high end finishes and permits already in place. Hope that's helpful.

Hey @Raluca Ciobanu,

@David Erjavec is exactly who you should talk to. He'll definitely be able to help you out.

Hey Connie,

I don't actually know a property manager that specifies in room rentals, but I have one really good property manager I recommend to everyone who is on top of everything and very ethical. I'll send you a private message. I'm not totally sure she'll be able to help you find a room for your daughter, but if not, she'll know where to suggest looking! 

Hi Connie,

Daly City is home to a lot of SFSU students. It will definitely be cheaper, but there is no rent control protection like there is in SF. Your daughter will probably face an annual rent raise there. In San Francisco proper, the Outer Sunset and Parkside neighborhoods will be most affordable for the proximity and she will probably find multiple rooms available for rent in apartments with other students. Park Merced Apartments are very close to campus, but the condition and prices are pretty scary for the most part. Colma is another city nearby that could work (just south of Daly City) and she could BART to a stop close enough to ride Muni the rest of the way, bike, walk, etc. 

Hope that helps!

Jen,

At the moment, all of my clients have what they need in the legal realm, but I will keep you in mind for any North Bay/Wine Country clients of mine that need advice or contractual help in the future!

Hi @Jenifer Levini,

Sounds like you have been practicing a lot of real property and contractual law. Is that your specialty?

Hello Raimondo, 

I know of an excellent 1031 Exchange Specialist. I'm going to send you a message. Yes, you can use the TIC proceedings for an exchange.

My pleasure @Vivek S.

To be honest, that is a scenario I haven't yet encountered, and a real estate attorney would probably have to answer it given the definition of the word "approval" and how it relates to underwriting. I could see the sellers arguing that it wasn't a legitimate reason and demanding at least part of the earnest money, but I can't confidently tell you one way or another.

Most common in the SF market right now is to offer with an underwritten pre-approval already in hand so there doesn't even have to be a finance contingency.