John Corey
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One idea is to look for a mixed use condo building that has retail on the ground level, etc. If you were to buy multiple units you could be close while still being flexible. As time goes on different members of the group might need to move on (assisted living, etc). If you are in a mixed use building there is likely to be some services close that folks would benefit from.
If you want to look, I live in such a place in Oregon. As it is a new project you could pick a number of units on the same hall. There must be similar projects in the Bay Area. Not sure of the price points.
Things like a elevator, bedrooms on the main level, mass transit are all pluses if you can find them.
John
> Sarah Wustner wrote:
> Hi everyone,
>
>My husband and I, along with my parents and my grandmother, are looking to buy a rather unique property in about a year. We'd like to have everyone living on the same property, but in more or less separate units, with some shared space. Properties that fit this bill might be:
>
>- A triplex, quadruplex, or, uh, five-unit building. We have other family members also interested in the multi-generational housing concept and with 5 units, we'd have room for everyone, plus one to rent out.
>
- A very large house that had been remodelled to fit this lifestyle.
>
>We're in the San Francisco area. The main problem we're finding, so far, is that Berkeley and Oakland (our target cities) both have strict rental laws that make evicting someone difficult. This means we'll have to find a building in which most of the units are already empty, or reconsider our target cities.
>
>I guess I am looking for a couple of things: leads on appropriate properties, general advice on buying something unusual like this, and stories from anyone that's lived in this type of arrangement.
>
>Thanks! I'm happy to be here.
>
>Sarah
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