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All Forum Posts by: Vicki S.

Vicki S. has started 8 posts and replied 22 times.

Post: Let’s talk about Home Warranty!

Vicki S.Posted
  • Fremont, CA
  • Posts 22
  • Votes 3

Hi Andrew, which HW company you are using? And which one is the best?

Post: Manufactured but not Mobile

Vicki S.Posted
  • Fremont, CA
  • Posts 22
  • Votes 3
Quote from @Michael Plante:

before you buy Contact a few mortgage brokers and see if they will loan on a mobile home rental if you plan on BRRRR

How is the value of a manufactured home attached to a permanent concrete foundation compare to the regular single family home? 

Dear Biggerpockets family, 

I currentlg come crossed a off market property from my realtor friend in Oakland CA which realtor said it’s good for Airbnb or short term rental since it has 5 bedrooms with two rooms in a separate building which were unpermitted.

By doing some research , I found out the city of Oakland does not even allow short term rental less Than 30 days, however I heard people said the city is collecting a lot of tax and it’s not enforcing the rules.   I do have the following questions hoping if anyone doing Airbnb in Oakland or someone knows about it can answer. 

 1) if the Ilegal space(the two rooms and a bath in a separate building)  being rent out on Airbnb would have any potential issues in Oakland ? 

2) I read a post in this forum that if renting over on Airbnb 30 days would create “ residency” which would need to follow Oakland “just cause “ and rent control rules? One website states 7 days continuously renting would create residency, do you guys know if it’s 7 days or 30 days? 

I don’t want the Airbnb guests stay in the unpermitted rooms and can’t get them out later. 

Post: what bank to get the HELOC with 20 years draw?

Vicki S.Posted
  • Fremont, CA
  • Posts 22
  • Votes 3

can you post the info here?

Post: what bank to get the HELOC with 20 years draw?

Vicki S.Posted
  • Fremont, CA
  • Posts 22
  • Votes 3

I would like to get a HELOC with 20 years draw and no annual fee and no closing costs on my primary home and my investment property in California. only a few lenders is offering 20 years draw and I would like to have the line more than $500k.

thanks all, Chris, I will definitely keep you in mind if we would whole sale.

Originally posted by @Andrew Fingado:

@Vicki S. Send me a PM, I can give you the name of someone I'd trust.

 Andrew, would you please add me as colleague?

thanks Andrew, I added you before I can send PM

thanks J,  would be interest for next meet up. I am afraid my deal is too thin,  my budget is $50k for kitchen , 2 bathrooms, deck, refinish floor, whole house painting, simple landscaping, new  furnace and water heater, and some electrical and plumbing work. 

thanks Minh, I read some of your posting before. We are not far away since you are in San Jose