All Forum Posts by: Khaled Seirafi

@Ryan Landis Thanks for the info! My family owns a couple of properties in San Mateo and we're currently renewing our fire and earthquake insurance policies. The one is a residential property, a triplex, and my insurance broker and I calculated we were paying insurance on the basis of $190 / sq. ft for reconstruction. We've been paying much less for our other property (a mixed use building), on the basis of $120 / sq. ft. It's possible my father determined these rates a long time ago and never updated. But it's definitely time to update. 

Hi all, 

I'm curious to know how much construction costs per square foot in San Mateo (94403) for basic construction. 

Many thanks!

Hi all,

So I have a tenant who's renting our condo month-to-month. He's mostly late in paying the rent, emotionally unstable and troubling the neighbors, has caused damage in the property, etc. It's time to evict him.

My property manager has sent an eviction notice via certified mail and he's avoided it. How can we make sure that he gets the notice so that we can get the 60 day period started? 

I thought about telling my property manager to just post the notice on his door, take a photo with a time/date stamp on it. But I don't know if that would hold in court. 

Any thoughts, ideas, or advice? 

@Jeff B.Thanks

@Katrina EdwardsThanks for the info. We've been carrying EQ insurance since it's a very old building (almost 100 years). 

Hi all,

I'm helping my parents to draw up a new lease for an existing commercial tenant of ours as his lease ends at the end of the month. The unit is in a mixed residential and commercial building in California. 

Would it be reasonable to require the tenant to pay a share of the building's fire and earthquake insurance? 

Hi all,

I'm searching for a real estate or business lawyer in the LA area (preferably West LA). My family has a number of properties and we'd like to set up a trust to separate each property for liability purposes. If you happen to know someone who does this sort of work and has good rates, please let me know! 

Thanks so much! 

Hi everyone,

Can anyone refer me to a structural engineer who can give me an assessment and an estimate on a tilted foundation issue? I'm looking for someone in the SF, San Jose, Oakland area. 

Thanks!

@Jim Keller

Very impressive! I keep thinking that in order to get into rehabbing, I'm going to have to look at properties out of state. But I haven't searched yet. This is just based on what everyone says. What areas have you been rehabbing in? 

@Jim Keller

Speaking of flipping, I keep hearing that the market in SoCal is saturated with investors who want to flip and that its become very difficult to find rehab properties. Any thoughts?

@Joel Owens Do you follow the calculations and steps in Timing the Real Estate Market (Robert Campbell) pretty closely?