All Forum Posts by: Michael Ndjondo makadi

Thanks all @Colleen F.,@Dan H., @Bruce Woodruff and @Wesley I. for your contributions. Thinking more about it, I think I might consider tanked WH for these units. From my research, we might not need to upgrade the gas lines as they are adequately sized.

Thanks for your inputs @Nicholas Coulter, @Chris Seveney and @Dan H. I already a have installed a couple in the past and I spend about $225 on each for annual flushing and cleaning. This time it's in 4plex and thus 4 units in total and 4x the maintenance cost. But interior space is more important as units are not as big. Unless a costly plumbing pipe upgrade is required, I will go with tankless since $18 monthly maintenance isn't that big of deal. 

Hello community,

I have been debating whether switching to gas water heater makes sense over swapping the old tank WH with a new one?  Tankless WH cost has dropped significantly, they tend to last longer and are less prone to leaks but the initial switch might require upgrading the gas line with potential higher installation price tag. Those are for small units less than 960 sq ft. Any feedback will greatly be appreciated.

Thanks for your reply @Dan H.. This is what I was trying to understand and it seems like a very bad deal for the investing community. 

Hello fellow investors,

I couldn't find a clear answer to my questions related to the new San Diego tenant protection regulations and thus my post. I am wondering if they still apply during property acquisition. Is the new owner required to comply to these rules if a property comes with tenants? On that same note, if one decides to keep tenants during acquisition and in general what happens at the end of lease? Can one choose NOT to renew it under these new rules?

Hi everyone, 

As my title says it, I'm trying to get more concrete feedback on the assisted living investment here in San Diego. I have done plenty of research, but I keep getting mixed reviews from an investment perspective. My own numbers are not looking that attractive as highly portrayed and not sure whether I am being too conservative in my numbers. So, if you have experience investing in assisted living in the San Diego County, I'd love to hear how profitable it is along its pro and cons. I have a property that is one story with 8 BR and 6 baths in Corridor (92104 between 15 and 805).
Thanks for consideration.

 So the plan is not to build a driveway there but to just install a gate so tenants can park on that street and access thru the gate. Zoning and all requirements have been checked already. The city was also sounded to check just in case we might have overlooked something. 

 Thanks, Matt, for a detailed reply. I'll PM you in private to learn more about this. But reading the numbers, process involved and timeline, I might have to rethink about all of this as the end goal is to acquire just enough parcel to allow a 15-20ft access to the main street and that entails to only about 150-200 sq ft.

Adding multiple ADUs in the backyard and want to get access to the main street from the backyard to allow access from there, so new tenants do not have to use the front entrance/yard and front street parking and more importantly so they can park there as there are plenty of available street parking on that main street.

Good morning 

Has anyone ever bought a portion of neighbor's lot in general and in CA in particular? What are the processes involved and where to start?