All Forum Posts by: Ryan Ebzery

Hello BP,

I've made a goal to try to join as may California based real estate investing groups/meetups as I can. Does anyone have any recommendations?

Thanks,

Ryan

Great info! Thanks for putting this together!

@Lloyd Segal 

@Anthony Morrow just google your local county short term rental ordinance and you will see it there.

Hi BP Team,

Are non-owner occupied ADUs legal in Austin? 

Thanks!

Ryan

@Anthony Morrow California law states that ADUs cannot be used as short term rentals. 

Hello BP Members! 

I'm in the market for my first Bay Area house hack. I'm starting this forum so successful house hackers can share their story. 

If you live in the Bay Area, and are currently house hacking, please tell us all about it!

Thanks,

Ryan

Hello BP Team! 

I'm trying to stay up to date on macroeconomic real estate news and news specific to the Bay Area.

What news sources do you rely on?

Thanks!

Ryan

@Johnny Khoury - I've called a few contractors myself asking for quotes for detached ADUs and garage conversion JADUs. For detached ADUs, I'm getting estimates of $400 - 450/sqft (including permits). For garage conversions estimates are about $250/sqft. For adding an ADU on top of your garage, you'll probably fall somewhere between the two.

Here is a good article to reference:
https://www.buildinganadu.com/cost-of-building-an-adu 

The costs in the article are from ADU builds in Portland, OR, so be sure to adjust for that.

Hopefully this helps! 

Thanks for the feedback guys! @Account Closed , funny you mentioned the David Greene Team, I'm actually already working with them, so I'm sure I'm in good hands!

Hello BP Bay Area Team!

I live in San Jose and I'm looking to house hack my first property in the Bay Area! As I analyze deals, I'm looking for guidance on how much capital I should be putting away for repairs and CAPEX. I understand it will depend on the age and condition of the house, so lets assume the following scenarios.

- Newly renovated (move-in ready) with new appliances

- Older home that needs a face lift and that has old appliances

Also, as I look for houses, I'm not tied to any particular part of the bay. Is anyone having success house hacking in the bay area? (and by success, I mean when you eventually move out you'll be cash flow positive). If so, what strategy do you recommend, and what area of the bay do you recommend?

Thanks!

Ryan