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All Forum Posts by: Nathan Curry

Nathan Curry has started 2 posts and replied 3 times.

Post: Finding the right guide

Nathan CurryPosted
  • Real Estate Investor
  • San Francisco, CA
  • Posts 3
  • Votes 0

Hi Jim,

Thanks for taking the time to respond. I do appreciate it.

You overlook one factor and it is natural that you did as I did not mention it. They share a child and there is a lot of love for that child. My SO is on a vacation with her ex and the ex's new partner and a friend. There is a lot of affection in the story and I welcome it. Yes, to force a sale is something we have all considered. Together they would walk away with 800 000 dollars. I know in San Francisco that doesn't get much. But it is not insignificant either. Just because a relationship does not work on one level - does not mean it cannot work on others, especially when they share the love of a much more important asset than real estate - ie the love of a child. I don't think it has been easy for them but it is a credit to their mediating power that the love of the kid comes first. Or that is how I see it. Otherwise I agree with your analysis. It is shrewd and wise. 

I made an error in my additions above also. Forgive me. They bought the house together with a third partner. So if the two of them force a sale they come out of it with 400 000 a piece. I do sense from looking at the market that 800 000 might buy a duplex in the bay area. But 400 000 would get something rather crappy in a fairly crappy neighborhood. Or something crappy in a good neighborhood. Either way there are only two options from that-  

The crappy option in a good neighborhood - if we can find the right developers and that is not our background

Or a shared asset with ex-partner and her new partner. As the child needs to be with both parents, this latter option might be the best.

But then that still leaves the focus on finding the right real estate guide - which was the original point of my post. And I am still hoping that this community might lead to a good referral regarding someone in this area. 

Warmly


Nathan

Post: Finding the right guide

Nathan CurryPosted
  • Real Estate Investor
  • San Francisco, CA
  • Posts 3
  • Votes 0

This is my second post. The first one clarified that my partner and I own a 3rd of a house in the Bay. Her ex-partner owns the other half and we could possibly force a sale. The issue being that the house is big - but currently only set up to house my partner's ex and her new partner. She is open to finding a duplex with a rental income that could house us all within 15 miles of Bernal Heights. The challenge though is where to find the right agent to help broker such a deal. It seems there are brokers and there brokers. If anyone has any advice I would be grateful. There is no potential shift without the right deal..., and clearly, that involves a number of factors. 

Grateful this community exists. 

Oh one more question - what is the difference between an agent and a mentor here? How does the mentor process work? Thanks. Nathan

Post: Advice and thoughts please

Nathan CurryPosted
  • Real Estate Investor
  • San Francisco, CA
  • Posts 3
  • Votes 0

Hi there, my name is Nathan and a wonderful Irish fellow named Brendan introduced this website to my partner and I.

He spoke very highly of this community online and I believe has done very well in his investments.

I have one question and perhaps you can guide me.

My partner and her ex own 2/3 of a 1.2 million dollar house in Bernal Heights in SF.

The problem is that the way the property was renovated means that it does not allow for two couples and a shared kid (and maybe one more one day). We are trying to find a financially savvy way to sell and buy something new with the money from the sale. Something within 15 miles of Burnel.

Ideally we would like something that accommodates us (two separate units within a structure- rather than one as it was set up) and, ideally, also gives rental income too from a rented part of what we invest into. We would be open to pooling moneys but we are very cautious about that because of the challenges with other people's characters and agendas etc.

You guys seem to be the place to go to ask such questions. Or at least your forum is a forum for out of the box thinking in that way - and people with similar mindsets.

If one goes to a real estate agent with the challenge - they are just out for meat - it's their job. Nothing wrong with that. But we are looking for a bigger vision than "jobs" and so to come to an entrepreneurial site like this seems wise.

Grateful for any guidance you might be able to give. 

Warmly,

Nathan