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All Forum Posts by: David Adams

David Adams has started 9 posts and replied 16 times.

Post: Seattle's Latest Insanity: ban criminal background checks

David AdamsPosted
  • Real Estate Entrepreneur
  • San Francisco, CA
  • Posts 19
  • Votes 5

We read through this thread and actually referenced it in our new blog post about the Fair Chance Housing ordinance. Tell us what you think.

Post: security deposit vs. insurance

David AdamsPosted
  • Real Estate Entrepreneur
  • San Francisco, CA
  • Posts 19
  • Votes 5

@Dan Perrott @Thomas S. We're looking into whether an insurance policy could provide the property owner with the same or better protection as a security deposit, while being less bothersome to the renter. The policy we're considering now covers Accidental Damage to the property, among other things. As you rightly point out though, property owners are also interested in a safety net in case of intentional or negligent damage as well.

Post: security deposit vs. insurance

David AdamsPosted
  • Real Estate Entrepreneur
  • San Francisco, CA
  • Posts 19
  • Votes 5

Interested in BP community opinions and experience on security deposits versus landlord insurance. Obviously as the landlord, you don't have to pay to collect a security deposit whereas you'd have to pay for a landlord insurance policy if you decided to go that route. But might the convenience of not having to deal with a security deposit outweigh the cost of the insurance premium?

Post: HomeSuite is Actively Onboarding New Landlords

David AdamsPosted
  • Real Estate Entrepreneur
  • San Francisco, CA
  • Posts 19
  • Votes 5

Hi BPers, HomeSuite is a leading site for monthly furnished apartment/home rentals. We are growing quickly and gearing up for the busy summer season, which will be here before we know it! Demand is outstripping supply right now, so create a free listing and take advantage! Let us bring you a high-quality, vetted corporate tenant.

Post: Bay Area Price Report for Furnished Properties Leased

David AdamsPosted
  • Real Estate Entrepreneur
  • San Francisco, CA
  • Posts 19
  • Votes 5

Hi BiggerPockets,

We have been aggregating data since July on the prices of furnished properties searched for and leased. 80% of leases we’ve executed are from properties with prices that fall at or below those listed below:

* Indicates that the Zip code price point reflects or is below the overall market price point.

Post: Bay Area Price Report for Furnished Properties Leased

David AdamsPosted
  • Real Estate Entrepreneur
  • San Francisco, CA
  • Posts 19
  • Votes 5

Hi BiggerPockets,

We have been aggregating data since July on the prices of furnished properties searched for and leased. 80% of leases we’ve executed are from properties with prices that fall at or below those listed below:

* Indicates that the Zip code price point reflects or is below the overall market price point.

Post: Bay Area Price Report for Furnished Properties Leased

David AdamsPosted
  • Real Estate Entrepreneur
  • San Francisco, CA
  • Posts 19
  • Votes 5

Hi BiggerPockets,

We have been aggregating data since July on the prices of furnished properties searched for and leased. 80% of leases we’ve executed are from properties with prices that fall at or below those listed below:

* Indicates that the Zip code price point reflects or is below the overall market price point

Post: LA Price Report for Furnished Properties Leased

David AdamsPosted
  • Real Estate Entrepreneur
  • San Francisco, CA
  • Posts 19
  • Votes 5

Hi BiggerPockets,

We have been aggregating data since July on the prices of furnished properties searched for and leased. 80% of leases we’ve executed are from properties with prices that fall at or below those listed below:

* Indicates that the Zip code price point reflects or is below the overall market price point.

Post: Tiny home development

David AdamsPosted
  • Real Estate Entrepreneur
  • San Francisco, CA
  • Posts 19
  • Votes 5

This idea is very interesting to me, as well. Micro-apartments are on the rise in San Francisco. From what we’ve seen, the majority of micro-apartment renters are either interns or single individuals that are new to a city but not ready to make a bigger commitment until they are more familiar with where they would like to live. I believe they have the potential to be very popular considering the high average rental price in the city and the fact that 40% of San Franciscans live alone. I think they could be a good option for shorter-term stays, especially with corporate clients who may not spend much time in their living space.

Post: Vacancies... in winter.

David AdamsPosted
  • Real Estate Entrepreneur
  • San Francisco, CA
  • Posts 19
  • Votes 5

Decreases in demand during this time of year can make it very difficult to maximize your rental revenue. We have employed two different strategies to reduce vacancies:

  • Require longer lengths of stay for leases that start in November, December, January or February.
  • Offer lower rental rates for the first two or three months of the lease and then have higher monthly rates for the remainder of the lease.