All Forum Posts by: Anthony Barbato

Hello,

I am working with a client that has a tenant in their Hayward rental that is 6 months behind on rent. When talked to, the tenant claims that they will pay, but never does. What is the process to get the tenant evicted?

Thank you

This is very helpful feedback, I appreciate it! 

Thanks for the prompt response. Do you think it would be possible to rent the property as a short term rental like an Airbnb despite not being permitted? I’ve seen other posts where people will use the unpermitted building as a short term rental.

Hello Oakland Investors,

I am interested in buying a fourplex as my first investment property here in the Bay Area. When analyzing deals that have recently sold in the area, the property at 719 35th St in Oakland stood out because it had an extremely high cash on cash return, even with debt service for an FHA 3.5% down loan, as well as conservative expense estimates. It seems like it was an unbelievable deal, and yet the sellers still took an offer that was $50k under the original asking price.

 I want to ask the investor community in town what they think about the deal, if it looks possible, or if there is anything that I haven't considered when looking at the numbers.

Here is a link to the sold MLS listing for the property:

https://maxebrdi.paragonrels.com/publink/default.aspx?GUID=65979a7a-9a34-4bd8-a56e-a0ab6f50746e&Report=Yes

Here is my Bigger Pockets spreadsheet plugging in the rent amounts from the current tenants, and taking for granted that I will be occupying the 4th unit: