Louis, MOKilleen, TXWaco, TXTopeka, KSTulsa, OKLooking forward to hearing about your plans and experiences!

I saw an example recently in Bloomberg about how local regulations can really shape a landlord’s experience, from what I’ve heard.

I don't have personal experience with it, but when the app was first developed, I contacted the developer and put the app through a fairly robust test usage to see if it's something I would want to recommend to my clients (I'm a CPA).I think the app is great for its intended purpose and I do recommend it to my clients now (and have for about 18 months now). 

We have sent over a few referrals to him and they have given us great feedback when we asked how their experience has been. 

Any advice or shared experience would be great.

What you want is an agent with experience who knows how to negotiate, watch your back, navigate difficult situations, understand contracts and law, provides an objective cross-check, etc.

From my experience you should expect a 10% to 15% of gross revenue for repairs/maintenance. 

Rent control in the bay area can be extreme as many areas have rent control in excess of the state mandated rent controlIn general experience RE investors are not choosing to add a single ADU in single family zoned areas.  

It seems like the LO's have no experience working with investors and are not very concerned with trying to make the numbers work.

Does anyone have experience with the BRRRR loans?