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All Forum Posts by: Jeff Weissman

Jeff Weissman has started 23 posts and replied 105 times.

Post: Management company recommendations in the East Bay (Northern California)

Jeff WeissmanPosted
  • Involved In Real Estate
  • Oakland, CA
  • Posts 141
  • Votes 25

@Erik K. 

Try my colleague, Glen Bell. Not certain he goes out to Concord, but ask him. Tell him I referred you.

Glen Bell

Broker/Owner

My East Bay Agent Leasing

Office: 510-900-9400 x701

[email protected]

www.MEBALeasing.com

Post: Nice Cash Flow Triplex in E Oakland

Jeff WeissmanPosted
  • Involved In Real Estate
  • Oakland, CA
  • Posts 141
  • Votes 25

Entering into a short sale transaction is not for the faint of heart. How many lenders? What's the total encumbrance? Is owner in default? Is the Listing Agent experienced at negotiating SS's? Bank will likely counter MUCH higher than your contract price. Are YOU represented by a good Buyer's Agent?

Post: Prices Peaking / Market softening in SF Bay Area? What have you seen?

Jeff WeissmanPosted
  • Involved In Real Estate
  • Oakland, CA
  • Posts 141
  • Votes 25

@JMartin My recent West Oakland listing was at 1414-14th St. And I just got a client into contract on a condo a block away at 1460-14th.

Post: Buy and Hold property advise!!!

Jeff WeissmanPosted
  • Involved In Real Estate
  • Oakland, CA
  • Posts 141
  • Votes 25

Bhavna,

I would be happy to help you & your husband. We can find you a great investment property! 

I have 76 condo listings that match your search criteria. PM me your email address & I'll send them to you. 

In fact, any of you BP'ers who'd like direct access to the MLS, just ask!

Post: Prices Peaking / Market softening in SF Bay Area? What have you seen?

Jeff WeissmanPosted
  • Involved In Real Estate
  • Oakland, CA
  • Posts 141
  • Votes 25

Personally, I'm not seeing it. For example, I just got a client into contract in upper Laurel district against 7 other offers, one of them all cash. We had to go 20% over asking & waive contingencies to get the contract, but we did! I have an ecstatically happy client!

Also, just closed a deal in Lincoln Heights: 4 offers & we won the contract @ 11% over asking, non-contingent. My recent listing in West Oakland garnered 12 offers & sold for 20% over asking to an all-cash buyer and my recent listing in Berkeley got 5 offers & sold for 20% over asking. So no, I'm not seeing it.

If you want current, accurate market data for Oakland, click HERE. Want a different city or Zip? Just ask!

Post: In contract on first NEGATIVE CASH FLOW deal, and EXCITED! Thoughts?

Jeff WeissmanPosted
  • Involved In Real Estate
  • Oakland, CA
  • Posts 141
  • Votes 25

What & where, J?

Just curious: was the property on the MLS?

Post: San Francisco East Bay Property Managers

Jeff WeissmanPosted
  • Involved In Real Estate
  • Oakland, CA
  • Posts 141
  • Votes 25

David F.

A close colleague of mine runs a great little Ppty Mgmt company & does an excellent job. I don't know if he works that far out into CC County, but you can email him & ask (tell him I referred you):


Glen Bell

Broker/Owner

My East Bay Agent Leasing

Office: 510-900-9400 x701

[email protected]

[email protected]

www.MEBALeasing.com

Good luck.

Post: Seeking a Bay Area Insurance Agent

Jeff WeissmanPosted
  • Involved In Real Estate
  • Oakland, CA
  • Posts 141
  • Votes 25

@JessicaS Here's my guy. He's great. Tell him I referred you!

Everett Taylor, Farmers Insurance


Post: Excited new member of Bigger Pockets!

Jeff WeissmanPosted
  • Involved In Real Estate
  • Oakland, CA
  • Posts 141
  • Votes 25

@Matthew Roybal Welcome to BP, Matthew. I'm a Realtor, investor, & active BP member, too.

Post: Thoughts on buy & hold in Sacramento?

Jeff WeissmanPosted
  • Involved In Real Estate
  • Oakland, CA
  • Posts 141
  • Votes 25

Oakland is HOT and about to bust wide open. I believe critical mass has been achieved, finally, and Oakland will be where everyone wishes they were a month ago.

It is critical to be working with an investor-friendly, hyper-local, Top Producing Realtor who knows the neighborhoods and the trends.

I invite anyone interested in buy/hold or fix/flip in Oakland to sit down with me for a chat. Coffee's on me!