All Forum Posts by: Katie P.

@Kyle N.  when you say you "waived inspections" did you also waive appraisal and loan contingencies?

@Kally M. Fried and Williams are also extremely knowledgable. I had a client considering a property and his situation was very similar - both units were protected class, but he wanted to move his daughter into the property. Steven Adair MacDonald in the city are also good for more complicated issues. 

hi @Ryan Wagner you can do an owner-occupy eviction, but you must make sure the tenant is not protected class. https://www.oaklandca.gov/reso...

I've heard my share of squatter stories....for example, heirs receiving their portion of the inheritance from the sale of the home and then staying to get a relocation payout. Folks trying to break into vacant homes listed for sale on the market. Haven't heard a story about activists forcing their way into a future rehab project, but I'm not surprised.  

Wish activists would focus on helping to create housing policy changes that encourage more supply and result in lower housing costs....taking down senseless moratoriums that limit building use, changing zoning restrictions to allow for higher density housing, lowering development impact fees, etc. etc. we all know. The only results I've seen from Oakland's ridiculous impact fees are the hello housing projects, which are SINGLE family homes. 

Anyway, maybe, as the article mentions, the activists will end up purchasing the home from Wedgewood by crowdfunding and leveraging this media attention.....but Wedgewood and other REITs definitely have the funds for the lawyers to get these folks out, and they will most definitely become another poster child for evil landlords and real estate professionals. 

ALSO, hahhahahaha @Account Closed TRUE. 

@Diana George can't you just cap the brick foundation in Oakland? Also @DG A. how big/many stories is this building? 

Just an FYI, landlord lawyer Bornstein says adding a second unit to an SFR in Oakland makes it a duplex from the city's perspective. So, then it's subject to rent control after construction of the ADU.

I'm sure anyone adopting this strategy will start at market rate rents, anyway, but then you're capped at whatever Oakland's yearly allowable increase is. https://www.oaklandca.gov/reso...

@Nicole Chang @Chris Mason

@ all the other attendees I can't tag (come on, BiggerPockets)! 

Look forward to seeing you all later today! 

There will be beer, wine, cider, and pizza! 

See y'all soon! 

Hey BiggerPockets, 

I'm looking for three local-ish folks who would be willing to talk about note investing (performing or non-performing) to East Bay REI on Sunday, July 21st from 4:30 - 6:30 PM in Oakland. We have never covered this topic in the group, and there's a lot of interest. 

Know a few locals who would be willing to speak about their experience? We don't expect you all to be experts. If you just started, great. If you've been doing it for years, also great. @Anna Myers @Account Closed

Anybody, anybody? 

#noteinvesting #bayarea #oakland #bayareanoteinvestors 

@Justin Pumpr

Jesse Grewal EZ Flip Funding 

1390 Market Street- Suite 200
San Francisco, CA 94104

415.659.6577

I think I've also used Patch Of Land for 85% ARV. Can't remember what the interest rate was, but it wasn't terrible (meaning it was below 8.5%, I believe)