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All Forum Posts by: Grace Simpson

Grace Simpson has started 4 posts and replied 14 times.

Post: Help me decide: Owner-Builder vs. GC

Grace SimpsonPosted
  • Oakland, CA
  • Posts 14
  • Votes 2

Thanks to (most) all of you for the responses! Thought I'd give an update.

I was second-guessing myself so I continued to visit additional projects/referrals and uncovered some dirt on the negative reviewer -- an investor who had since partnered with the sub and stood to gain! (who btw, would have handled the entire project, not just a few trades) Such a small community -- everyone knows each other and even about my friend's project 20 miles across the bay. (same architect)

I dug into the weeds for allowances on all FF&E, which was like pulling teeth but I wasn't going to let it go and it made a difference in comparing bids. I'm very happy with my choice, they are doing some additional scope at no cost b/c we're friendly (it's in writing), and the framing inspection is scheduled for this week!

As I mentioned, all (6 total) builders were good people and from trusted referrals. I wouldn't work with anyone who was disrespectful or treated me as if I know nothing about my own project.

Thank you, again, for the advice.

Post: Help me decide: Owner-Builder vs. GC

Grace SimpsonPosted
  • Oakland, CA
  • Posts 14
  • Votes 2
Hi Jason. Thanks, I don't need a loan. I have bids from 5 GCs. I've been living in the house over a year so I have the option to be the GC.

Post: Help me decide: Owner-Builder vs. GC

Grace SimpsonPosted
  • Oakland, CA
  • Posts 14
  • Votes 2

This is my first project that I'm doing on my own - 425sf addition + upgrading existing house. Permits are at the final stage and I need to decide on a contractor. I've checked references and visited their work on other homes but am still agonizing over this decision.

My choices (all were referrals and all are very nice people):
1. Expensive GC who I have confidence in but I'd rather not spend the extra $ unless it's highly advisable.
2. Less expensive (smaller) GC with mixed references. I'm not thrilled with work I've seen but I think that is b/c the homeowners chose cheap materials.
3. A very experienced sub with good-looking work. In this case, it would make sense for me to get the permit as an owner-builder and I'd save $, but I'm inexperienced. 

I have a close friend who has been advising me but has been out of the country for a few weeks. Advice appreciated!

Post: Surveyor in Oakland

Grace SimpsonPosted
  • Oakland, CA
  • Posts 14
  • Votes 2

Thanks for the reply @Thai Chau.

I need a boundary survey to be provided to the city. The architectural drawings have already been submitted. 

Post: Surveyor in Oakland

Grace SimpsonPosted
  • Oakland, CA
  • Posts 14
  • Votes 2

Hi, I haven't been on the site in a while -- hope this forum is still active?

The planning dept has pushed back a very small project I'm doing and requiring a land surveyor. We didn't think it should be necessary, but...

Any recommendations for someone reasonably priced? Thanks in advance for any replies.

Post: Best ROI studio, 1 bed or 2 bed?

Grace SimpsonPosted
  • Oakland, CA
  • Posts 14
  • Votes 2

Hi Julie, for long term rentals, go with smaller units. You can charge more per square foot for a studio or jr. 1bd than a 2/1. 

Ouch! This hurts to hear. The law is unlikely to change in your favor. To get back to your question, I would figure out exactly how much she is entitled to in order to move out and then weigh your options with real numbers. I do not think she will ever move without compensation so waiting her out will not do you any good. 

You mentioned selling it to her for 70% under market — is that what you really meant? If so, why is that even an option?  I assume you would have a nice gain on a market rate sale. Perhaps you can negotiate a deal with her and give her part of the profit if she moves out first. 

Sorry you had to become an accidental landlord in this city. 

Post: Any STR/airbnb in the city of Oakland?

Grace SimpsonPosted
  • Oakland, CA
  • Posts 14
  • Votes 2

Hi Kevin, I have rented in Oakland and SF using the short-term section on CL. I did not want to put the listings on AirBnB. I claimed the income on my taxes but paid no additional taxes. Hope that helps. 

Post: Advice on renting a live/work to a business

Grace SimpsonPosted
  • Oakland, CA
  • Posts 14
  • Votes 2

@Amit M. Thanks for the reply. It is a first world problem. ;) Supposedly, rent is higher with a biz but I need to verify this somehow. At the moment, all 12 units are residential, most owner-occupied. The few tenants all break community rules, and I heard one stopped paying rent (~$4,500) months ago. There is no rent control, but with tenant rights as they are in SF, I was thinking a biz would be safer and keep the place in better condition. I have not had any problems personally, but hear of so many nightmare tenants...

Post: Advice on renting a live/work to a business

Grace SimpsonPosted
  • Oakland, CA
  • Posts 14
  • Votes 2

It's definitely live/work. 

There was an ordinance passed in 1988 that was a huge deal and changed the landscape of SoMa.