By making 2 payments a month, you're effectively paying an extra month of payment every year. 52/4 = 13, vs. 12 monthly payments (one for each month). 2 - if I'm in your shoes I would wait a few months for the dust to settle. you may not know it now, but there will be random things that pop up here and there with owning real estate that you won't get to experience until you've lived in it for a while.

That kind of appreciation is wonderful for long term hold investors but it's having a negative effect on investors entering the market. 

Question for agents. What's your take on no more 6% commission and how this will change the way you operate?

Here Washington State we have no limit perse, but there are strict notice.  120 days notice for an 3% increase in rent which cannot take effect before the end of the lease.  180 day notice is required if over 10% again before the end of the lease.

It's an extra few seconds and not critical Bu the way, we install these systems and can certainly install an AI phone or similar but IMHO, for a smaller building this is cheaper and effective.

I have gotten reno projects for what is effectively a 98%+ discount via such.

Its a great tactic, which has not been as effective over the past 24 months due to the rise in interest rates but we still have had some success with it for borrowers who had high rates already but are looking to lower payments possibly or pull additional equity. 

I would greatly appreciate any advice on strategies to mitigate these issues and manage my investments more effectively.

The Annual Allowable Rent Increase effective August 1, 2024 - July 31, 2025 is based on the lesser of 4% or the change in the Consumer Price Index (CPI) for the Los Angeles-Long Beach-Anaheim metropolitan area.

Her swift yet thorough approach enabled me to secure the perfect property in record time, a feat that truly highlights her commitment and skill.If you are seeking a real estate professional who goes above and beyond, exhibits a profound understanding of property values, and can effectively manage complex negotiations, I wholeheartedly recommend Tanja Vargo.