All Forum Posts by: Maxwell Ventura

@Nadia Justo

If you're planning to hold for a bit it's generally always a good time to buy. With rates up from where they were last year you could potentially get into a "buy down" scenario. 

re: House hacking, you can look at a SFR w/ adu play or a small multifamily 2-4 unit scenario. If you don't have too much for a down payment consider an FHA 3.5% option on a duplex. Because of the self sufficiency rule, you'll be hard pressed to find any FHA options that'll work on a triplex or quad.

If you have more questions regarding demographics / geography / which neighborhoods look promising over the foreseeable future I can weigh in w/ my opinion. 

Best of luck to you!


  

 I'm seeing the same. 

@Jessica James

I know a handful of people that bounce back and forth from SD to Sac. Do you know Zainah or Marissa by any chance? What made you decide to purchase in SD? 

@Mike Gordon

Happy to connect while you're down here 

@Edwin Wong

I'm familiar with these. I personally wouldn't recommend them. There's a reason there are always a handful of them available in a low inventory market and they are the cheapest price point in a great location. 

The Hard Rock manages everything for you but the returns aren't good. You split the returns 50/50 + you pay HOA of $800 along w/ a few other fees. You're treated as VIP and get 28 days out of the year however.

For the above reasons I don't recommend purchasing as an investment. It's the opposite of why you would invest in coastal high appreciating real estate. 

@Dillon Squier

Happy to chat w/ ya. 

@Phyo Ko If you need an SD Eviction Attorney I can forward over 1 or 2 👍🏻

Hello, 

My client has a property in Berkeley CA and we would like to know the potential on the lot / parcel to determine our next steps. So, we're looking for an architect or draftsman that can handle this. 

We'll most likely need a feasibility study.

Thanks!

@Stephen Bernard

Welcome to BP! In seeing your uniform on your profile picture I hope you plan to utilize that VA loan!

Good luck~

@Mark Baldwin

I'm looking at a few gorgeous SFRs in Oceanside / Carlsbad (west of the 5) for significantly under 2M. There are also a handful of duplexes in those areas further north under 2M as well. 

I also see a triplex in Encinitas (east of the 5) listed at 1.9M on a 6K sf lot.  All 3 units are fixers but appears to be tremendous upside if you have or can acquire the capital. 

So, I believe you may be able to extend the bottom range of your projections.

We host a meetup at our downtown office location approximately once a quarter w/ an emphasis on ADUs. Happy to let you know when we schedule our next one. 

Cheers ~