All Forum Posts by: Ivan Dodic

Welcome Don...i also have a great realtor who is also very active on BP as well. PM if you are interested. 

I love your analytics! I'm new to the Sacramento area (have investments in Oakland) and this analysis is extremely helpful. Do you find this is also the scenario for larger apartment buildings?

@Wes Blackwell - phenomenal post! Thank you so much for the information. Have you done any research with multi-family buildings in Sacramento more focused on the buy and hold strategy? Are those properties being overpriced as well? Any information would be greatly appreciated. 

Hello BP,

This is my first post on BP, looking forward to being a part of this great community and gathering all of the knowledge I can. I have a 4 plex (all 2/1's) in Oakland, California in the 94605 area code (above 580) which I have owned for about 18 years. Obviously rents in Oakland have been skyrocketing and, since I have not had a vacancy for awhile but will have one soon, I have a few questions around it.

1.  I have rehabbed the unit with laminate/tile floors, new kitchen cabinets, etc... is it worth it to go to the next level with the rehab (crown moulding, custom shower, etc..) in this area?

2. I was listening to the BP podcast #167 with Kevin Wood, he mentioned he used a designer to give him ideas on a property. Has anyone used one? Thoughts?

3. I am having a hard time determining a rent price because of lack of like inventory, any thoughts on where to start or how to determine the market price?

I will be attending the meet up in Milpitas tomorrow, hopefully I will see some of you out there. Thank you in advance.