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All Forum Posts by: Arthur Mayer

Arthur Mayer has started 8 posts and replied 65 times.

Post: Renting individual rooms vs entire home

Arthur MayerPosted
  • Contractor
  • Rancho Cucamonga, CA
  • Posts 66
  • Votes 11

Hello all, 

I'm a contractor looking at land for sale, and I found one where I can build a SFR house 4 beds/3 bath and an Accessory Dwelling Unit in the back. I wanted to hold it for cashflow, and I wanted to ask some experts what their experience in getting more rent by renting each room of the front home and ADU in the back (either furnished or unfurnished)

Thanks in advance

Post: The Temecula BP Meetup!

Arthur MayerPosted
  • Contractor
  • Rancho Cucamonga, CA
  • Posts 66
  • Votes 11

Hopefully a new one comes again soon. Would love to meet with fellow investors. 

Post: Is it wrong to ask my buying agent to take a lower comish

Arthur MayerPosted
  • Contractor
  • Rancho Cucamonga, CA
  • Posts 66
  • Votes 11

If you are offering continuous work to the realtor and this is discussed ahead of time, there is nothing inherently wrong with requesting this.  If you are already in the process of hiring the realtor and start asking for a discount after it has already been agreed upon, that's a different story.

Post: ADU potential for my existing property! How to develop the land

Arthur MayerPosted
  • Contractor
  • Rancho Cucamonga, CA
  • Posts 66
  • Votes 11

Hello, I've built many ADUs in California. If you have questions, I'm always happy to help with planning. permits etc.  

Post: Construction Contract Material Escallation Clause Issues

Arthur MayerPosted
  • Contractor
  • Rancho Cucamonga, CA
  • Posts 66
  • Votes 11

So I'm speaking strictly as a contractor: 

I have only a few cases and it was during Covid where we had huge price increases in a few months time. (We had lumber quote go from $8k up to nearly $14k in a spam of a few months!) 

I don't think it's unreasonable to have a price escalation clause if they can prove the difference as I have with my clients. The main thing I would demand is proof.  They should be able to show you from a vendor the price increases they received to validate the claim. 

Post: Inland Empire Real Estate Investors Meet Up

Arthur MayerPosted
  • Contractor
  • Rancho Cucamonga, CA
  • Posts 66
  • Votes 11

@Robert Cornell I’d love to do a meet up soon with other real estate investors

Post: Corona, CA - Coffee

Arthur MayerPosted
  • Contractor
  • Rancho Cucamonga, CA
  • Posts 66
  • Votes 11

@Dennis Juanir I’m in Rancho Cucamonga would love to meet up

Post: Corona, CA - Coffee

Arthur MayerPosted
  • Contractor
  • Rancho Cucamonga, CA
  • Posts 66
  • Votes 11

@Gio Fuentes I’m a licensed general contractor but a newbie investor. Would love to meet as well

Post: Meet Ups in the riverside area?

Arthur MayerPosted
  • Contractor
  • Rancho Cucamonga, CA
  • Posts 66
  • Votes 11

@Vinci S. Thanks. Im a license general contractor and would love to meet investors for deals