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All Forum Posts by: Matt C.

Matt C. has started 7 posts and replied 82 times.

Post: San Diego Duplex for Sale - Mission Hills

Matt C.
Pro Member
Posted
  • Investor
  • San Diego, CA
  • Posts 101
  • Votes 23

Serious Interest only. Off market duplex in Mission Hills for sale. Both units are 1/1 500sf each with their own 1 car garage and laundry on site. They are small units but both in good but dated condition. Both units are vacant. Asking price is $675,000.

Post: New Construction Escondido

Matt C.
Pro Member
Posted
  • Investor
  • San Diego, CA
  • Posts 101
  • Votes 23

I'm getting ready to demo a house in Escondido to make way for a new multifamily development. Looking for suggestions for demo and grading contractors. Please shoot me a PM or respond with your recommendations. Thanks 

Post: North Park Multifamily

Matt C.
Pro Member
Posted
  • Investor
  • San Diego, CA
  • Posts 101
  • Votes 23

North Park 7 unit off market fixer for sale. This is a wholesale opportunity for a 7 unit fix/flip, BRRRR, development deal or whatever you choose to do with it. Purchase price is $1.3M. Rents are currently under market at $6500. Needs approx. $150k in rehab. Email/PM for details.

Post: FHA 203k Contractor Recommendation

Matt C.
Pro Member
Posted
  • Investor
  • San Diego, CA
  • Posts 101
  • Votes 23

@Michael Conway @Keeya WangJones send me a pm. I have a couple of good contractors that have dealt with 203k before. Also, may have a lead on something off-market in talmadge.

Post: 1 unit/1500sf of lot area. 2,900 sf lot. Does 1.9 = 1 or 2 units?

Matt C.
Pro Member
Posted
  • Investor
  • San Diego, CA
  • Posts 101
  • Votes 23

@Rami W. I believe city of San Diego does not round up. I am dealing with the same thing with city of Escondido right now - 9.85 units means 9 units, not 10 unfortunately. In this case it affects value by about $200,000.                                                                                                                                                                                                                                                                                                                           

Post: Winnetka - Another flip in LA Demo Day 5/10/16

Matt C.
Pro Member
Posted
  • Investor
  • San Diego, CA
  • Posts 101
  • Votes 23

14 days is quick. do you guys permit your work?

Post: San Diego Trends

Matt C.
Pro Member
Posted
  • Investor
  • San Diego, CA
  • Posts 101
  • Votes 23

1. chinese cash buyers

2. low inventory

3. appraisals coming in under value due to buyers bidding up properties

Post: Investor from New Zealand

Matt C.
Pro Member
Posted
  • Investor
  • San Diego, CA
  • Posts 101
  • Votes 23

@Derek Searancke @Paul Stead@Kyle Elmer@Kevin Estey@Surjeet Jubbal

Hey Guys, good to see people talking about NZ. Im from Timaru but living in San Diego now. I am interested in the opportunities in CHCH as well. My uncle owns a large earthmoving/demo company doing tons of work in CHCH, Ashburton, Timaru as well as other parts of south canty. I have experience with 100's of fix/flips and would like to see if I could apply that to CHCH.

Post: Foundation companies in San Diego

Matt C.
Pro Member
Posted
  • Investor
  • San Diego, CA
  • Posts 101
  • Votes 23

I would be aware of RAD. I have had to deal with them a couple times and they are expensive and charge a minimum of $2500. So, even if it is just strapping a couple posts/piers you are looking at $2500 minimum. Just FYI.

Post: New Construction SFR - Los Angeles County

Matt C.
Pro Member
Posted
  • Investor
  • San Diego, CA
  • Posts 101
  • Votes 23

@Nick Coonis any updates? Looks like a cool build!