All Forum Posts by: Martina Su

@Evan Polaski thanks for your perspective. What’s your perspective on forced appreciation for long distance investor?  Any advice on how to build the trusted contractor partners on the ground 2000 miles away?

@Jon Schwartz glad that you see prospect with Alhambra and El Monte because that’s where the family lives. Thanks for the insights 

@Chen Zhou thanks. How do you maintain privacy for yourself and the renter。 my husband is a bit hesitant because we have two young kids and worry about their safety

@Lucia Rushton how is Dallas weathering covid?  Should I wait for the property price to drop there? The property tax is ginormous which eat into the cash flow. My friend told me her property there has appreciated 30% over the last 6 years. Hoping to be able to get such a nice appreciation. During this crazy time, I worry about not being able to find tenant at current time

@Jon Schwartz pardon my newbie ness, how is the 1% or 2% cash on cash calculated. What do you think of investing in san Gabriel valley. I used to live there 20 years ago and my husband’s family still live there 

I come across this article

https://www.realwealthnetwork.com/learn/best-places-to-buy-rental-property/#18-5-dallas-texas

All the cities listed here nowhere meet the 2% rule, most are around 0.7%

Does the 2% market still exist?

My goal is to maximize cash flow and also would be nice to get decent appreciation. I am interested in Cities in Texas and Florida where job and/or population are growing

How should I think about this? How do I make it work in Dallas/Houston/Orlando/Tampa. I reside in CA so I don’t know the cities that much

Does anybody has any experience working with ABODU to build out ADU in your backyard

What is the pro and con with prefab vs.custom? I have a craftsman style home and want to make sure the ADU design is in harmony with the main property

I am also curious to learn what kind of tenants it will attract and is the rental price in line with how much someone will pay renting a 1 or 2 bdr apartment? My location is perfect for young professional working in Silicon Valley, easy access time freeway and within convenient distance to target, sprouts, TJ

Thanks

Hi folks,

Does anybody has experience with ABODU that build prefab ADU in San Jose?

What's the pro and con going with prefab? My concern is I have a craftsman style house, what if the ADU design is not in harmony with the main property

Is going custom will drive up the cost significantly? ABODU starting price is $199k

I plan to rent out the ADU for rental income. I am also curious what kind of tenants does it typically attract? I live in west San Jose where the dwellers are primarily family with kids or empty nesters. It's easy access to 85 and 280 and conveniently located near target, sprouts, And TJ

Thanks

Hi there, my husband and I are starting out with real estate investment. We live in Northern California and are overwhelmed with where to begin

Ideally we want to invest for cash flow and appreciation but with the crazy housing price here our option is limited. I am not yet comfortable investing out of state. We are open to try out Sacramento which is about 150 miles away or Southern California since we are familiar with the area.

Any advice? I am open to connect with realtors on this forum if there’s any specializing in the second or third properties for the buyers

Thanks a bunch