All Forum Posts by: Hugo G.

Build to suit. Walk to reservoir, shopping, BART. Greenbelt views.

Convert a single family residence to a duplex at 946 Risa Road in downtown Lafayette CA. Permitted plans for duplex totaling 3200 square feet.

Or remove the building and put in six condominiums.  

We plan to replace the microwave ($250.00), clean the walls and ceiling ($200.00), add some paint and primer ($200.00) and replace an under counter light ($50.00). While I'm there I plan to vent the kitchen cooking smells through the microwave and out the wall. 

The builder put solar panels on the roof and wouldn't vent it when we bought it. Now is a good time for that upgrade and a new lease (with renter's insurance). 

No. We didn't require renters insurance. My insurance agent said a renter's insurance policy with a 500 deductible would have covered the fire damage.

Our tenant just told me there was a small kitchen fire in our single family rental. (Sacramento CA.) Our homeowners insurance has a 3500$ deductible. From looking at the pictures I think it needs a new kitchen cabinet and microwave.  Fire department said there was no damage in the attic. The gas stove is probably still functional.

We want to sell some rentals next year and the question is?

Should we give them the total bill at once or increase the rent and see whether they want to stay? If they stay we could increase the other rental rates until someone leaves then sell that one.

Start the eviction process after a grace period if any.  Evictions take time... make sure you do it correctly or you will have to start the process over.

Would you rent to a 35 year old attorney with 370,000 in total debt? (including  270,000 in student loans whose payments were supposed to start in June.) Person makes about 6000 month with a state job.

 Rent is 1600 a month which she would share with another employed state worker.

761 credit score!

I am rehabbing a 2 bedroom 1 bathroom single family residence in Sacramento.  What are your experiences in government subsidized housing (section8)? None of our other properties are section 8 but we are thing about it for this one. The market rents are about 800-1100 month.