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22 August 2024 | 4 replies
CalifCalifornia is so tennant friendly that I lose control of an asset that I purchasedIf I'm going to rent it the lease agreement wasn't of my doing.If I'm flipping to sell (my primary focus) there's someone living in my construction site.Bottom line, I'm buying a house, not a Tennant, squatter or whatever.
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22 August 2024 | 17 replies
Worst case scenario, I can take control and sell one of his property to pay lender, right?
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22 August 2024 | 5 replies
In most jurisdictions it will make the primary rent controlled.
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21 August 2024 | 2 replies
Additionally problems that may exist that the title company has no control over gets blamed on them.
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21 August 2024 | 7 replies
Alternatively, once the existing tenant is out, you can lease at market rate.The real challenge of "non-landlord friendly" areas in the form of: your ability to adjust their rent from one lease term to the next, rent control issues that would limit your ability to ever push rent increases over time, any mandates on required renewal options for existing tenants (typically come with rent control measures) and the ease and speed with which evictions are processed.
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21 August 2024 | 3 replies
On the broker side, I like having a little bit more control over the process like being able to talk to the UW, ordering appraisals through my AMC, and handling all third party communications.
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21 August 2024 | 4 replies
Consistency with contractors and controlling material costs can make all the difference.
21 August 2024 | 182 replies
Price controls on food , its all BS .
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21 August 2024 | 5 replies
Only by controlling costs, managing the projects, and having a steady pipeline of projects will we be able to have a viable business.
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20 August 2024 | 2 replies
"Your success as an investor will be determined by how you respond to punctuated moments of terror, not the years spent on cruise control." - The Psychology of Money by Morgan Housel In real estate, it's not the smooth sailing that defines us, but how we navigate the storms.