All Forum Posts by: J. Martin

Looking forward to meeting you there :) You just missed @Katie P.'s meetup in Oakland on Sunday. She'll be having more, and will probably post them on my meetup group. @Johnson H. has a meetup in Milpitas on Thursday that I'll be heading down to, and @Jeff Pollack has one tomorrow night down in San Jose. Both with lots of good people. Jeff's has a speaker also.  

Also, check >Community >Networking on BP for local meetup events, and on meetup.com . I think the meetups organized on BP tend to be less selling/pitching, so I encourage you to go to those especially. Until we meet in person Elisa!! 

@Arlen Chou, 
I rented an Airbnb in San Jose for a couple nights, so I'll be down in Silicon Valley and won't have to fight the traffic. :) 5 is good. Vietnam or bust!!

@Account Closed, 

Want to take a little motorcycle ride across Vietnam? And we'll stop by Duc Son's Orphanage to give them some money and sing some songs on the ukulele? Hope to see you at the meetup. If not, I'll be in SJ for a couple days if you have time for lunch. 

Some more confirmed attendees.. please introduce yourself with what you want and have to offer, so we can start getting introduced :)  And what do you want to get out of the event? 

@Mary Ann Casey (welcome back!), @Min Hu, @Aaron Henretty, @Patrick Boutin, @Ganesh S., @Jonathan Wilkinson, @Raimondo F. (good to see you again!), @Jody Ryden, @Aditya Thakur, @Alice K.  (heyyyyyyyy!)  and Mason, @Kamila Flores, @Lonnie H., @Angelo Wong, @Wendy Mcclean, @Benoit Dumon x2...

@Nichole Stohler,
It's a great mix of folks to network with, and a lot of fun!!! :) Check with anyone who went last year.. 

@Elisa Uribe,
Where ya been?! lol This is the 3rd event since 2014 and has been growing since moving from San Francisco the first year, over to Oakland in a better venue. And the speaker list has just been growing. Got a lot of people out that I've wanted for years, so especially excited about this year! Don't miss it!!!

@Jen L.,
Bruce Norris and Sean O'Toole have definitely been through the cycles, and have the macro and micro data (respectively) to establish how to make a plan based on this info, then execute on it. You'll also meet a lot of investors there who have seen it. For local investors, we'll have guys like @Arlen Chou out who has been buying cash-flowing deals in the Bay Area, @Jason Buzi who's been crushing it in the Bay Area (right NOW) with flips and new construction, I'll share about my Bay Area furnished rental biz, and lots of other local investors who are doing well here in the Bay. Everyone is happy to share :) Come join us! 

@Sergey Tkachev,
Thanks for all the shout-outs and recommendations! Just spoke with Dmitriy, and need to see how much space we have left in the agenda to get other folks in. Attendees want more breakouts and targeted networking, so that might be a way we can fit more speakers and specialties in.. We're working on it now :)

We'll see you all Oct 7 & 8!

www.sfbaysummit.com

@Johnson H.,

Looking forward to it!! Thanks for organizing again Johnson :)

I have knowledge about:

- Oakland & SF Rent Control
- Furnished Rentals & Airbnb
- Buying in low-income Bay Area neighborhoods
- Lending

I'm looking for:
- Apartments to rent in Redwood City, Palo Alto, Mountain View, & Sunnyvale
- Guests looking for furnished apartments for 1-3+ months
- People who want to come out and network with other investors and Bigger Pockets experts in October in Oakland (see profile link)

I'll be there early with the usual crew if anyone wants to come say hi :)

 Coco, you need to google the laws in your state in regards to therapy animals and service animals. It differs state to state 

Coco,
For most leases, the joint and several phrase is already in there. Look up towards the top where you put the lessee's names. Look for a phrase like "Each tenant is jointly and severally responsible for lease payments." If not, you can put it in there. 

(disclosure: I am not a lawyer and this is not legal advice.)

This allows you to go after any and everyone for rents due - typically you would go after the strongest person, which in this case, would most likely be the cosigner/guarantor.. 

https://www.landlordology.com/what-is-joint-and-se...

@Chatree C.,

Like @Ariel Smith said above, it really depends on your demographic. (biz traveler, family vacation, etc.)

#1 amenity for our biz travelers is fast internet. Location is super important.
I definitely recommend leaving a laminated "guide book/guest book." How to work stuff, stuff to do in the area based on different interests (hiking, museums, interesting stuff, yoga, theater - restaurants, bars. Nearby cities to visit. Local meetups/networking groups if they want to get connected. 

I used to include bicycles, which were really popular, but kept getting broken or stolen and was a PITA to deal with. 

Like @Peter R., I do basic cable for my biz travelers + Netflix. No basic cable in the less expensive units for travel nurses. Just netflix.

I put up some decorations on the wall, because it's just a one-time expense. 

I also include some books that are relevant to the location, like travel books, books related to occupation, etc. 

It is important to think about how much work it will be to monitor/refresh/replace the amenity. 

@Ash Hussain,

I'm not up in Santa Rosa very much, but @Brian Burke will be coming out to Oakland, along with a bunch of other BP folks, in October. Or pick a date and start your own meetup to bring some people out :)

@Coco Zuniga,

There's a little more to it, but that's the basics. @Al Williamson has a course on getting set up for longer-term short stays. I'm getting students that want to stay 3-9 months or more in a room. So there's not even a ton of turnover. 

You need to set income criteria that works for you. If you think $1,200 is enough to live on, that may be OK. If you're not sure and want to cover yourself (and they can do it), ask for a higher deposit (2mo), or a co-signer.

In regards to roommate/CL process, I was referring to Craigslist. If someone can't afford their own apartment and want a room in a shared house - if they don't have any friends looking, a lot of them go on CL to find roommates and housing. This involves posting who you are, finding roommates to go in on a place, then applying, getting approved, getting furniture, etc. Airbnb is more on-demand. You can get a room in a house without having to go through the process of finding the roommates, qualifying, furnishing, long-term lease together when you don't know each other, etc. 

 http://rapwp.oaklandnet.com/resources/required-not...

Read the info at this link. The RAP notice is called: "

Notice to Tenants of Residential Rent Adjustment Program (“RAP Notice”)" (in 3 languages)

Give it to them after you close, and with any rent increase. 

The "Tenant Protection Ordinance" also needs to be posted in a common area. 

If the last rent increase was in January 2017, you cannot raise the rent again until January 2018, no earlier than the same day it was raised in Jan 2017.

"This is an awesome write up and I really appreciate your time to do that and feel other person here in BP who read this will benefit as well."

Thanks Joe. 
Happy to help out :)