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All Forum Posts by: Thiyaga Rajan

Thiyaga Rajan has started 6 posts and replied 14 times.

It is all electric and no Gas. PGE will not provide separate meter since the JADU does not have individual address. Is it possible to do sub metering in JADU?

Hi,

I am trying to rent a Single Family home which has main unit and attached JADU (Junior ADU) and they share the same utility. Plan is to rent the main unit and the dwelling unit separately and kindly provide your suggestion on how to split the utility since both the units are metered commonly for Electricity and Water.

Post: Investing in Manteca CA

Thiyaga RajanPosted
  • Posts 14
  • Votes 1
Quote from @Ned J.:

I have one unit in Manteca and one in Lathrop.... but I bought both 6-7 years ago. I havent been able to find anything in my area that pencils out as cash flowing in a LONG time.... but places are still selling fast and above ask, so maybe I'm missing something

 Is rental market there doing fine? Is it a relatively stable market to rent out and is there rental demand?

Post: Investing in Manteca CA

Thiyaga RajanPosted
  • Posts 14
  • Votes 1

Hi,

Anyone recently invested in Manteca CA? How’s the rental market looking like?

Quote from @Ryan Richmond:

I just switched all mine over from Foremost after my most recent escrow adjustment.  I used a broker through Allen Tate.  He requoted all of my policies including auto and umbrella.  Saved me about $2,300/ yr across 4 properties & auto.

I'm happy to pass his contact along.

Please share contact.

Post: Investment in OliveHurst CA

Thiyaga RajanPosted
  • Posts 14
  • Votes 1

Hi,

I have a potential deal that might cash flow in OliverHurst CA but would like to know the opinion on how the place is and it is ok to invest?


Thanks

Post: underbid or overbid

Thiyaga RajanPosted
  • Posts 14
  • Votes 1

Get an Real estate investor agent preferably involved and they will guide you. I hope you have run the preliminary numbers and have decided the amount to put and the property range you want to get. That will help when you are working with an investor agent.

How is the rental market in mid west area? I see rental market slowdown in Triad NC, Ocala FL and appreciate your inputs if it makes sense to go for any value add SFR/small Multi family with the recession coming up by year end, high interest rates and rental market slow down?

I own a property in Ocklawha and the one you mentioned is fairly close to it. There is very poor response for the rental and many of the homes are lying around for rental for 2+ months. Ocklawaha and Ocala are not same and Ocklawaha is very rural with no infrastructure. Suggest to stay away from Ocklawaha (I also bought property through the same company you are in contact) in this brutal economy based on my experience thus far. I also closed one another property in NC which is in excellent location and is doing good. So in this condition, it really boils down to the location and that is the key.

I am looking for agent contact for MUlti Family with 5 units at Greensboro. Kindly share any contact details. The one with State Farm is very expensive.