All Forum Posts by: Katrina Razavi

@Roger Hartje welcome! are your properties in Berkeley? If so would love to connect if you're open to it. I've been interesting in investing in the area

Thanks for your input @Xin Jin do you think students would be willing to commute from South Berkeley to the University? Given prices there are a bit lower than North and downtown Berkeley I think there are some opportunities there.

Hi there, I've also been considering buying a MF property in Berkeley and wanted to confirm that it seems like so long as the units are vacant you can charge normal market rate rents right? Also, ya'll seem to be experts in this area. How does having the Berkeley vs. Oakland mailing city make a difference in terms of rent, appreciation, etc. Any difference? I'm fairly new to looking at this area and would love any feedback. Thank you!

Hi @Naveed Q. Buy and live actually (but long term plan is to hold) ! if it needs some work that's totally fine. we've been looking at Oakland, particularly in the Rockridge, Temescal, Pill Hill/Harrison area. Let me know if it's worthwhile for us to connect.

hey @Steven Pitchford just wanted to follow up, have you got around to wholesaling in the bay area? i'm looking to potentially invest into something up here and would love to connect

Oh got it, thanks so much @Calvin Kwan I know Oakland residents are also voting on a measure today that could drastically change the composition of folks on the rental board https://oaklandnorth.net/2016/10/28/oakland-residents-to-vote-on-rent-control-initiative-this-november/

Hi @Calvin Kwan curious to find out what you learned. I was under the impression that in Oakland you could raise the rent only after 1 year of owner occupying for 2-3 unit buildings. Here's a helpful link I found http://www2.oaklandnet.com/oakca/groups/ceda/documents/policy/dowd008116.pdf

Hi BP Friends! I'm looking to connect with folks who are in the escrow business. I've been thinking about this space and potentially starting a business around it and would love to connect with some experts. Let me know if you'd like to chat!

Thanks @Brendon Woirhaye I looked at some comps in terms of rentals in that neighborhood for both near and not near the fwy and it does look like there's a bit (a few hundred/month) of a delta.

Thanks @Jessica Riley that's exactly what I was thinking. I don't want the tenants to be unhappy and be turning over. I like to put myself in my potential renters shoes and once lived near a busy street and it would keep me up some nights...let alone a big freeway! 

Thanks for your feedback!

Hi there BP Friends! I'm looking to buy my first income property (MFR) I found a decent deal in the area I want to invest in but it's near a freeway. The area is good and the price is low likely because it's so close to the freeway. Wanting to know what you guys think about this? I'm afraid of turnover + appreciation of the property b/c it's so close to freeway. Would love to know your thoughts!