What are the expenses/tricks for condo?

Jul 15, 2020 5 Comments

I saw the ads of this https://liveatsfshipyard.com/landing/

New 1 berdrooms @600k near Lyft office. Where is the trick? I think that, other than house insurance and property tax, there might be other hidden fees for the property and the condo.

Can anyone who lived in places like that share what is the real cost?

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TOP 5 Comments
  • Splunk / Eng
    el jaguaro

    Go to company page Splunk Eng

    el jaguaro
    Go to the surrounding neighborhood. That part of Bayview is rough. Few stores and restaurants there either.

    Oh and there's all the radioactive stuff lying around: https://www.sfchronicle.com/bayarea/article/Radioactive-object-found-near-homes-at-Hunters-13228476.php
    Jul 15, 2020 1
    • Uber
      cjen5b

      Go to company page Uber

      cjen5b
      I think the radioactive thing is cleared up. But maybe they are lying.

      Shipyard itself is pretty nice. But not gated from hunters point. No shops to walk to for now.

      But big risk big return.
      Jul 15, 2020
  • Uber
    cjen5b

    Go to company page Uber

    cjen5b
    What’s the HOA? It tends to go up overtime as building gets older.

    You might get hit by HOA bill if the building has problem when passed warranty. For example, your neighbor has leak and the building needs to fix it, it will be shared across the HOA.

    On the contrary, insurance is usually cheaper because you don’t need to cover the exterior. Some might even not require you to get one. Then you just need to get something like a renter insurance.

    Mortgage is usually higher. Don’t know why.

    Restrictions on things like short term rental
    Jul 15, 2020 0
  • Apple
    qKOw73

    Go to company page Apple

    qKOw73
    Anyone who knows the bay is avoiding the area. I’ve personally lived here my whole life and never go near there. I heard many of the permits that state the biohazards have cleared were faked, but that could be fake news.

    Maybe things have gotten better and there’s some real opportunity there though.
    Jul 15, 2020 1
    • Apple
      neion

      Go to company page Apple

      neion
      That’s what I heard too, radioactive issue comes up a lot. Heard it was dangerous with crime, though they’ve been trying to clean it up and build community, still not much going on yet. Though I think they have a bus to go into the city if you want to find things to do.
      Jul 17, 2020