In the span of 48 hours or less, I find out: LA county just upped rent control from 3% to 4%, and they just banned the better part of ALL vacation rentals- AirBnB, VRBO, short-term period, etc.- for investment propert...

Now mind you that for the first few minutes you meet the dog it is going to be excited, so do give it a bit to calm down.

Het Rich, calm down and knock of the attacks, I don't live here 24/7 to answer your posts within your time frame, sorry.Rich, I'm not going to play with your answer me tactics, because you don't really address anything, you post a shot gun blast of BS and then demand people to address your opinions.

Streets are to be designed to promote traffic calming and bicycle use together with the design of shared space for activities such as a farmers’ market.

In calm manner i told them that the first Lien holder WAMU is requesting Citi Financial to settle first before anything.

He went on to fund my next deals over the year and by the end of that year, I owned over 35 units that I was renting out with over 5k per month in cashflow, enough to move out of the motel and into my own house.Also, 18 plus years later, I still work with the guy.The thing to think about, if I had actually known that Walter was a lender, I would've probably ruined the whole thing by jumping at the money, but because I didn't, I could stay calm and work on the relationship.Account Closed is an extremely successful borrower , because he nailed it in his approach of showing how others have succeeded working with him.  

I thought of this post as your fund and mine both deviate from the norm and are what I would deem more “LP friendly” as it relates to waterfall and how I have seen many other funds loaded with fees.

So you can call your office in a perfectly calm tone, if something is wrong, and say "I'm at the 123 Main street property, can get the red file for me please?"

Eventually the market will calm down, but for now it seems like it's a feeding frenzy.

I was curious to hear BP's general thoughts on high tax rates, and it looks like you guys have calmed my irrationality :) I'm going to look and see how much the tax rate has appreciated in the past decade or two, but if the numbers still hold, I will start moving the ball forward on it. feel free to let me know if anything else comes to mind that I should consider when buying in a higher tax area!