All Forum Posts by: Zachary Sharpell

 That’d be great! I just sent you a dm. 

Hey @Christian Aguirre, like you I don’t have any RE investments but I am actively searching for a single unit or duplex in the San Diego area. I haven’t found much that would show cash flow though. I’ve seen some multi fam opportunities, but don’t have the capital at the moment for most of them.

I’m currently in Escondido, but I work down in SD as a mechanical engineer.

That sounds like a good idea:) It's one of those cases where it looks great on paper but not in reality. 

@Scott Mac, good point. If the road is not city managed, does the city have the ability to increases taxes if they are not responsible for the reconstruction and subsequent upkeep?

@Bob Reinhard, I would absolutely prefer paved; however, I didn't want to assume potential renters would have the same expectations. For example, I would not consider renting something on this street (or one similar to it) as I would not want to drive up and down it everyday/night. This is my dilemma - I don't know if it's safe to assume potential tenants would have the same preference as I do, or if they don't mind the poor street condition.

Hardscape appears to be very expensive, some rough estimates I was reading were ~$200/linear foot for a 20' wide street for total reconstruction. If that's the case, this road would be ~$250k to reconstruct. Split that among 10 homes (assume best case scenario of all homes sharing the responsibility equally), and that's not a nice bill.

Thank you for the input, everyone! 

@Dan H., that makes sense - I’ll get hunting to see what I can find.

In the case where you have 3 homes managing the road for the group of 5, if the road needs to be fixed but the 3 managing homes don’t want to do anything about it, are you stuck with a damaged road?

@Bjorn Ahlblad, thank you for your insight! The more I search into it, the road appears to be an easement, and if it has been allowed to reach its current state I doubt it’ll ever be fixed.

I had a recent walkthrough of a potential duplex investment in San Diego, and it definitely needs work. One of my concerns is the condition of the road leading up to the driveway of the duplex. The asphalt is non-existent and it’s essentially a dirt/gravel road with lots of potholes. Will the bad condition of the road make it harder to attract tenants?

Some details - the road is not managed by San Diego county, and it doesn’t appear that the city of Lemon Grove has done any work on it (I can’t find documentation anywhere that this road is city-managed though).