For instance, if a sponsor’s in-house PM charges 4% when the market rate is 2.5-3%, you need to assess whether those additional costs are justified by superior performance or could erode your returns.Ultimately, it's not just about the numbers or the spin—it’s about the expertise and judgment of the capital allocator.

Then, they blame everyone, but their own lack of research, for property/tenant performance not being what they came up with on paper:(

Deed fraud and mortgage fraud - be carefulWe just got some mortgages that were non performing that were part of this mess - was not something I wanted to get involved inhttps://www.justice.gov/usao-wdok/pr/former-president-first-mortgage-company-sentenced-serve-104-months-federal-prison-and

They want to know about the performance of the in house property management and may be able to offer a solution.

If given a choice between one paid-in-full property and two identical properties with 50% leverage, the latter will always out perform in the long run.  

Reviews can sometimes be a problem for them, but they do have some that perform.

Repairs like fixing faucets can be deducted in the year they are performed, while improvements like insulation must be capitalized and depreciated over time.

I stay north of hwy 8 because I live in north county but I believe the markets most likely to out perform San Diego general RE market are all in South Bay.  

Unless you are a professional athlete/movie star / influencer it’s hard for many to hear this but the world really doesn’t give a hoot about you.Having built hundreds of multimillion dollar homes and having worked on projects with two different professional sports teams owners - I would say less than 1% would use a land trust for anonymity and some of these people had 9 figures and several were billionaires.

The asking rent growth rate decline of 2.7% observed over the past 12 months compares unfavorably to the long-term performance of the metro, and rent growth deceleration has been shared broadly among the Los Angeles metropolitan area's thirty-seven apartment submarkets.Competitive Inventory, Household Formations, AbsorptionThe first quarter added 6,770 net new households to the Los Angeles MSA.