Finally, The rent control discourages further development, limiting supply which results in higher rents.So rents go up, but the rent control advocates are too uneducated on the economics of the rent control policy to see their role in the rent increase.Another consequence of rent control is no value in keeping the property as nice.

Where are getting that consumers pay three times as much in commissions as other developed countries?

I'm an experienced builder and developer looking to network with other developers, investors, and syndicators. 

However, a multifamily purchase could work quite nicely. 

Definitely focusing on offmarket or even on market multifamily homes (minimum 4 units). started off in real estate development last 2 years but the paydays are brutal building then waiting to sell.So now looking to switch up strategies to purchase cashflowing properties and then get back to ground up construction or even possible fix and flips. 

Updates to follow as the story develops.🥡 Las Vegas’ Chinese Food Scene Shines!

Every investor has their own path, and hearing different perspectives will only enrich your journey.Challenges in Real Estate Investing:Finding deals: In competitive markets, it can be tough to find good deals that make sense financially.Capital and financing: Finding funding, especially as a new investor, can sometimes be challenging.Dealing with tenants: Managing rental properties and dealing with tenants can be tricky, especially with issues like late rent or property damage.Market risk: Real estate markets fluctuate, and external factors (like economic shifts or local development projects) can impact property values.I’d be happy to continue the conversation if you want to dive deeper into any of these topics!

I was a bit surprised when I heard that, and someone please feel free to correct me if I'm wrong.Overall, nicely presented, as always! 

Section 8 could also work as a hybrid strategy here; the stable income is nice, and with good property management, it’s pretty hands-off.

Good morning All,I've been real estate curious to the point of obsession for about a month now, but in that time I've started to develop my tentative plans.