All Forum Posts by: Pratish Halady

Hello! I own a rental property (5br, 3ba) in Daly City, CA. We are going to be spending a large part of next year in Asia so I'm looking for a property manager who works in and is familiar with that area. Ideally looking for someone who builds more of a personal / individual connection with the tenants, rather than a larger outfit that is less personal. Would anyone have some good referrals for this? Thanks so much! Pratish

Hello! I own a rental property in Daly City, CA. We are going to be spending a large part of next year in Asia so I'm looking for a property manager who works in and is familiar with that area. Ideally looking for someone who builds more of a personal / individual connection with the tenants, rather than a larger outfit that is less personal. Would anyone have some good referrals for this? Thanks so much! Pratish

Thanks Jeric L. ! Not closed yet so keeping my fingers crossed and hoping we'll get there.

Steven Picker thanks and indeed I tried to do that, but they're not willing to do so. Ended up dropping purchase price by $10k as a result, which is roughly half the breakage cost (as calculated based on NPV per the PPA). Problem now is it requires me to maintain Internet connection and PPA is partly take-or-pay so it raises my vacancy costs to maintain utilities. I may just try it for now and break the PPA later if it becomes too annoying. Not sure.

Thanks for sharing your experience Scott McMillan . It is helpful.

Tim Puffer ok I see your point about replacement cost vs ACV. Will try to find one that better suits. Thanks for your advice.

Thanks Jacob Passmore . I will look into it. Is ACV bad? Should I find one based on replacement cost and potentially pay more for it, or is this ok? Tim Puffer , yes sadly in Bay Area the houses do cost a lot more than most other places. But it is the neighborhood we are most comfortable with and go back to visit, so we wanted to stick with something we know.

Sorry didn't tag Nicholas Wootten properly. Still learning. Thanks again for your insights on the area.

Hi Christine Roush , welcome to BP! I'm trying to close on my first property in SF area also and I hear you on the houses being so expensive, it's really hard to get foot in the door so to speak. BP is great and I look forward to chatting more about Bay Area matters with you.

Thank you Tim Butters . Makes sense and I should be careful not to take certain resident tax exemptions then. Will work with my tax accountant to figure the details. Thanks for your insights!