As you may already know, the state of New Jersey is implementing a new Lead-Based Paint Law in Rental Dwellings (link below) starting July of 2022.

A good way to crush the 1% rule in a market that doesn't offer too much of that, but you are basically writing the property off after however long you plan to implement the strategy for. 

Implementing systems to make your portfolio more profitable is key.Congrats on all your success!! 

My question to my commercial investors out there is when do you decide to implement a triple net lease or not on a commercial property? 

I can see the arguments from both sides and am curious to hear how others might adapt their business practices if such a law is enacted in your state.Interestingly, South Carolina just implemented a similar requirement last week, and it seems like more states may follow suit soon.What are your thoughts! 

Implementing operational system for the team.

Do you have a strategy that you want to implement to start growing wealth? 

Pomona recently implemented emergency rent control.

You can automate most things on storEDGE, from messages to delinquent customers to lock codes.You can also do your website through storEDGE, though we farm that out to another vendor that specializes in SEO.StorEDGE is likely overkill for a 36-unit facility, but if you plan to scale, I would prioritize implementing your systems now and growing into them, rather than starting with more basic software and transitioning later.

With a real estate coach, you should be able to learn all the strategiss and implement them in the right market cycle.