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Updated over 4 years ago on . Most recent reply

User Stats

8
Posts
2
Votes
Peter Ngu
  • New to Real Estate
  • California, CA
2
Votes |
8
Posts

Assisted living or Section 8?

Peter Ngu
  • New to Real Estate
  • California, CA
Posted

First time posting on BP...

My in-laws are giving me the flexibility to do what ever I want to a property they had under construction for over a decade. Yes a DECADE!

Property details:

-2 house on one lot

House A: 3BR, 4.5BA

House B: 4BR, 2BA

-Water front view of the California Bay

- currently 4 units but city is now allowing to build a additional 4 units

I want to test out assisted living/ care home mode for this property and wanted to know your thoughts? Population is shrinking, people aren’t having as many kids. Who’s going to take care of my old ***.

(I’m 33, married, with a 1 month old)

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