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All Forum Posts by: John Vu

John Vu has started 9 posts and replied 10 times.

Post: Contractor needed to build ADU

John VuPosted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 10
  • Votes 4

Hi! I'm wondering if anyone knows any good contractors able to convert garage space to an adu according to city permit specs for a house in Long Beach, CA. Would totally appreciate the help/referral!
Thanks!

Post: Contractor needed to build ADU

John VuPosted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 10
  • Votes 4

Hi! I'm wondering if anyone knows any good contractors able to convert garage space to an adu according to city permit specs for a house in Long Beach, CA. Would totally appreciate the help/referral!
Thanks!

Post: Contractor needed to build ADU

John VuPosted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 10
  • Votes 4

Hi! I'm wondering if anyone knows any good contractors able to convert garage space to an adu according to city permit specs for a house in Long Beach, CA. Would totally appreciate the help/referral!
Thanks!

Post: Need architect for adu build in long beach, ca

John VuPosted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 10
  • Votes 4

Hi, I'm an need of an architect who has worked with the city of long beach before. I have an sfr property that can easily be divided into three sections and become sfr + adu + jadu. If you're an architect or know an architect who has worked with long beach city before let's have a chat!

Post: Looking for contractor retrofit windows

John VuPosted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 10
  • Votes 4

Hi I'm looking for a contractor who can install retrofit windows in bellflower, ca. Please contact me if you can help. Thanks!

Post: Unpermitted rental unit sale

John VuPosted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 10
  • Votes 4

Hi,

I'm in escrow on a legal duplex where the attic got converted to a "third unit" unpermitted with unpermitted kitchen and unpermitted bathroom.

I'm using a Fannie/Freddie Mac loan thru bofa. Has anyone encountered this situation before? Does the unit have to come down or become legal before the bank is able to underwrite the loan?

Also appraiser got info from city regard whts unpermitted and now city knows abt unpermitted unit and likely will be sending code violation. Wht issue will this present?

Thanks all

Post: SFR to MFR conversion and cash out refinance

John VuPosted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 10
  • Votes 4

Hi, Im converting a single family house into a multifamily house after building three new adu's on it. Will banks be willing to do cash out refinance on the new MFR? Does anyone have experience w how rates will change and how property will be valued? (Based on new rental cash flow)?

Post: Los Angeles/SoCal commercial real estate.

John VuPosted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 10
  • Votes 4

We have the same last name. Ha. @Joseph Vu

Post: Los Angeles/SoCal commercial real estate.

John VuPosted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 10
  • Votes 4

Hi, is anyone actively investing in socal commercial real estate, or would like to get started? I'm interested in getting into the space. Please connect and let's network!

Post: Introduction: Moved back to Los Angeles looking to network

John VuPosted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 10
  • Votes 4

Dear BP,

I moved back to Los Angeles earlier this year after spending a decade out of state for medical training. Interesting fact--I actually bought my current house in Bellflower 100% remote (while currently still out of state) without ever seeing the property during the initial brief drop in March.

I'm a radiologist, love what I do, and acquired a good bit of capital thus far--a lot of moonlighting while in training :).

I've decided I shld get much deeper into real estate, and make medicine my secondary job. And so starting 1/1 I'm doing remote teleradiology in the evenings, working abt 26 wks for the yr (still pays 650k), dedicating the rest of the time to real estate.

I'm looking to network with local real estate professionals/investors/enthusiasts. I'm also looking for a good cpa.

Please dm me on here, or find me on LinkedIn https://www.linkedin.com/in/johnvumd and perhaps we can have a conversation :).

John