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All Forum Posts by: Jake Coyne

Jake Coyne has started 1 posts and replied 4 times.

Hello, thanks for bringing this to my attention because I actually never heard of park fees. After looking it up, it seems that each city is different. For example, in San Jose ADU's under 750sqft are now exempt from park fees, and anything else is correlated to a map area (see link). Below is link of how San Jose is calculating park fees.
https://www.sanjoseca.gov/home/showdocument?id=44072

For Los Angeles, it does show that:

Non-Subdivision Residential Projects$6,671.00

Not sure exactly why your's is a bit higher.

They seem to mention a representative coming out to 'calculate' what your fee would be so maybe Maybe read up more on how they are calculating on their website. 
https://www.laparks.org/planning/park-fees

Hi David, I'm from the the bay area and one of my main questions is construction costs. Would you be able to share a copy of your spreadsheet for us so we can see your costs?

Hey Rachel, Congrats on your third property!

I'm intending to start applying this investment method as well for my second property, however I haven't done any renovations or fixers before. Could you share what your $15k will be going to (i.e floors, kitchen, termites, paint, etc) and the breakdown of costs for each?

Just based on my imagination, I would think a $40k property would require more than $15k for habitability. Also, what red flags do you look for in a home of this price?

Thank you!

Hey All,

I've gotten in contract for my first investment property! :) (4-plex) in San antonio.

I am needing recommendations for a property manager in the area, as well as an homeowner insurance agent.

I'm not sure all the items I need to be looking for in an insurance policy, as well as the competitive quote or monthly payments I should be seeing for the area. If anyone could enlighten me that would be awesome.

Thanks!