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15 July 2024 | 33 replies
I would recommend using a website that is already set up.
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17 July 2024 | 4 replies
Each option has its pros and cons, and I'm hoping to get some insights from this community to make a more informed decision.Option 1: Building an ADUPros:Increased Property Value: An ADU can significantly increase the value of my primary residence.Control and Proximity: I can closely manage and maintain the property since it's on my land.Potential for Higher Rent: ADUs in bay area can fetch a good rental price.Flexible Use: ADUs can serve multiple purposes – home office, guest house, or rental unit.No Additional Land Purchase: Utilizing existing property means no extra cost for land acquisition.Foundation improvements: I will get an upgrade for my foundation which increase house stability.
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19 July 2024 | 19 replies
Abating the odor (tobacco and Marijuana) is costly and time consuming.
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18 July 2024 | 4 replies
Unless the seller is willing to finance more of the property, you will likely have to put in 20% plus the rehab costs.
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17 July 2024 | 6 replies
This likely would come close to the cost of a ground up 3/2 ADU addition which is rare.
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18 July 2024 | 4 replies
Just so you have a frame of reference the cost of a 1031 Exchange is typically around $1,200.
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17 July 2024 | 5 replies
I'm trying to keep costs low while providing value and so I'm doing some shopping around.
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15 July 2024 | 3 replies
Set up keyword alerts to receive notifications anytime an area or topic of interest is mentioned on these forums3.
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17 July 2024 | 20 replies
It also allows to finance the rehab cost into the purchase price.
16 July 2024 | 6 replies
Property managers for STRs are typically 25% of your income, you can set it up to be fairly passive if you find a good cleaner and set up your systems.