Joe Theisen's Blog

The Singular Virtue of the TIC

Posted On: Wednesday, December 8, 2010 - 2:31pm
Tags: fractional loans, group loans, inexpensive class, sales statistics, TIC sales, TICs | Topics: Buyers and Sellers, Market Statistics

The principal virtue of the TIC as a property class is price. TICs are, by far, the lowest priced property class available in SF: an average TIC costs about $200,000 less than a comparable condo, and the difference gets bigger as units get larger. But before we get to numbers, a little background…

The Virtues of the 2 Unit Building

Posted On: Monday, November 15, 2010 - 2:32pm
Tags: 3 unit, affordable, condo conversion, condo lottery, inexpensive, multi unit, partner, property class, SF multi-unit, value lower, value upper | Topics: Buyers and Sellers, Laws and Regulations, Market Statistics

As you may recall, I wrote last time about my enthusiasm for 3 unit buildings.  However, I am only slightly less in love with SF’s numerous duplexes. 

The Virtues of the 3 Unit Building

Posted On: Monday, November 8, 2010 - 1:00pm
Tags: 3 unit, condo conversion, expensive property class, least expensive, multi unit, multi-unit | Topics: Market Statistics

I love the classic SF 3 unit building. In my opinion, it is the jewel of SF real estate, both from an aesthetic and an investment perspective.

Joe Theisen

Professional Profile – Real EstateWith over 20 years of experience investing in and managing San Francisco multi-unit properties, Joe is intimately fa
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