Investment Properties in Oakland : Real Estate Advice

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Sarina Held, Home Owner in Oakland, CA
Sarina Held asked:
Is buying in Oakland now, in May 2016, a good investment? Plan to keep it for 5 years....what areas? The rental is so expensive that I think it will be a better deal to buy, own for 5 years and then sell...what areas? Looking for a 3 br/2 bath home under $650K
0 votes Share Flag Fri May 6, 2016 Investment Properties in Oakland
Derek Jones, Real Estate Pro in Fair Oaks, CA
Derek Jones answered:
can new owner of reo evict existing tenant just because he wants the house empty to stage it for a flip ? He doesnt want to live in property or rent
He is the owner of the home so he can evict the tenants. Depending on tenancy 30-60days notice may be required.
0 votes Share Flag Sat Aug 22, 2015 Investment Properties in Oakland
Dan Frey, Real Estate Pro in Mesa, AZ
Dan Frey answered:
Cost to build a 4-plex
If you intend to occupy one of the units (for at least 12 months) you can actually build one with 3.5% down (of the total project cost including the land). Feel free to email if this w ... more
1 vote Share Flag Sat Dec 20, 2014 Investment Properties in Oakland
John Juarez, Real Estate Pro in Fremont, CA
John Juarez answered:
Investment opportunity outside San Francisco
The further you get away from San Francisco, the less you will pay for a property. Your rents will also be somewhat lower.
0 votes Share Flag Wed Aug 7, 2013 Investment Properties in Oakland
Pacita Dimac…, Real Estate Pro in Oakland, CA
Pacita Dimacali answered:
What are the good faith deposit requirements for multi-family properties in Oakland, CA?
In a competitive market, the higher the deposit, and the higher the down payment, the better...and the more you are viewed as a serious buyer.

At the very least, have 3% initial depo ... more
0 votes Share Flag Wed Jul 24, 2013 Investment Properties in Oakland
Antoine Pirs…, Real Estate Pro in Oakland, CA
Antoine Pirson answered:
Residential vs Commercial value per square foot
Price per sqftage will be different as that is to be expected too. Residential development is usually a higher cost as well.
What is more important to figure out is the return on inves ... more
0 votes Share Flag Tue Jul 23, 2013 Investment Properties in Oakland
Pacita Dimac…, Real Estate Pro in Oakland, CA
Pacita Dimacali answered:
Building condos in oakland
Best that you go directly to the City's Building Permits Department so that you get the whole story. Finding information online is fine, but they make changes that don't always make it ... more
0 votes Share Flag Tue Jul 23, 2013 Investment Properties in Oakland
Linda Chu,  in Millbrae, CA
Linda Chu answered:
I just got approved for an investment mortgage on a home I want to purchase.
Some lenders will not condition for the lease and security deposit if none exist. They will instead condition for a Form 216 Operating Income Statement (appraisal report). Ask your curr ... more
0 votes Share Flag Thu Feb 7, 2013 Investment Properties in Oakland
Shivani Yadav, Real Estate Pro in San Ramon, CA
Shivani Yadav answered:
How much can this property rent for?
Check out this website for figuring out the rental range your property could fall into.
0 votes Share Flag Tue Dec 18, 2012 Investment Properties in 94612
Cheryl Berger, Real Estate Pro in Berkeley, CA
Cheryl Berger answered:
should I use purchase wood laminate flooring or carpet for a rental unit in in Oakland?
Wood laminate flooring has a much cleaner look to potential buyers. It often makes a unit look upgraded and can appeal to buyers who are looking to pay a little more for an updated unit ... more
0 votes Share Flag Sun Jul 8, 2012 Investment Properties in Oakland

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