
How To Build Or Rehab A Home?
For our July 19th Meetup, we went to Curtis street in West Oakland, where we had the privilege to walk through a new build of a single family residential (SFR) home. History of build and process: The empty plot of land was purchased at an auction (i.e. tax sale) in 1982 for $3,700. In 2016, architectural blueprints were completed and permits (i.e. water, gas, electric, building) were filed. Construction began in April 2017 and is expected to complete in a few weeks. The house

Multifamilies 101 - Where To Begin?
In our 5th Real Estate Meetup in July, we covered the basics of multifamily investing as well as the markets that meet our key considerations today. Here's a high-level recap. What is Cap Rate? Rate of return based on expected income (Net Operating Income / Current Market Value) What is a good CAP Rate? When the property rate is GREATER than the market rate, especially the submarket (i.e. suburb, zip code or neighborhood) NOTE: Vacancy rate is very important to know for subma