All Forum Posts by: Kushal Shah

We are looking to learn more about how to structure seller financing contracts. Thus, looking for a investor friendly real estate attorney for the same. It would be great if you can refer us to someone who you have enjoyed working with.

Best,

Kushal

0 Votes

San Francisco, California

Good point, I was actually looking for a way to update the post to include our needs to understand how seller financing works.

0 Votes

San Francisco, California

Hi All,

We are looking for a real estate attorney, who has investment experience themselves. Looking for help with how to manage our taxes, cost segregation, etc for our small multi-family.

Please refer someone you have really liked working with.

Best,

Kushal

0 Votes

San Francisco, California

Quote from @Liezel Pineda:

I've run the numbers on a handful of multifamily properties in and around the Bay Area, and Gurbeer is right... breaking even is a win in the Bay Area. I'm in the same predicament right now. Looking to re-invest, and was hoping to snag something in the Bay Area because it's always been prime, and appreciation (in most areas in the peninsula) was almost guaranteed. But there is SO much going on right now, and with so many variables changing in ways that are really all over the board, it's really hard to make the same assumptions that we've been able to make in the past 5-10 years. In any case, it really depends on what your main objectives are. Higher cash flow was one of my primary objectives, but in today's turbulent economy, you also want to be a little cautious about focusing solely on one thing when you're narrowing down your property search. I'm now considering out-of-state options to see if that might be a better bet at this point. Tons of things to consider, and it helps to have a community to share thoughts and ideas.

Thanks for your response. You mentioned about appreciation being the main component of returns. Do you know of a good resource where I can find price trends particularly for small multi-family?

0 Votes

San Jose, California

Quote from @Gurbeer Sangha:

Hi Kushal!

Welcome to BP! The Bay Area is a very hard place to have cash flow. Even breaking even is a blessing there. Most investing strategy in the Bay is just appreciation.

If you're interested in appreciation and cash flow, the Central Valley will be a great bet. Especially with all the people that moved from the bay and LA into the valley during COVID. I have been doing really well investing here and I have a few clients from the bay area that I help invest here in the valley. Feel free to reach out if you want help investing here!

Thanks for the response Gurbeer. Would be happy to connect to learn more about investing in the Central Valley, and pick your brain on Bay Area as well.

0 Votes

San Jose, California

Hi All,

I am new investor based in Bay Area CA, looking to invest in small multi-family (Duplex/Triplex). What I am noticing in the Bay Area is most small multi-family is really old construction around 70-80 years old. Do you think its worth investing in these older properties in the Bay Area from resale stand-point? Do people invest in them with particular strategies in mind (development project down the line)?

Other question - From a rental income stand-point, its not going to cover the mortgage payment entirely since the prices are so high. Is counting on appreciation the only strategy in a market like this, or are there points of view?

Thanks in advance for taking the time to respond.

Best,

Kushal

2 Votes

San Jose, California

All Forum Posts by: Kushal Shah

Kushal Shah has started 3 posts and replied 6 times.

Post: Looking for a Real Estate Attorney in SF Bay Area CA for Seller Financing

Post: Looking for a Real Estate Attorney in SF Bay Area CA.

Post: Looking for a Real Estate Attorney in SF Bay Area CA.

Post: Small Multi-Family market in Bay Area, CA

Post: Small Multi-Family market in Bay Area, CA

Post: Small Multi-Family market in Bay Area, CA