By making yourself an asset, you’ll increase the chances of someone taking you under their wing.Use BiggerPockets to connect locally.

However, investing locally has become increasingly unfeasible and unrealistic due to the high costs.

Housing has always been super affordable there, and new construction has increased in recent years.

Over time, rents may increase, improving your cash flow, and you’ll gain equity and valuable experience managing tenants and property operations.

Accessory Dwelling Units (ADUs) are an increasingly popular way to generate additional rental income on an existing property.

These increases will likely slow to pace more in line with inflation.

The rent control in some cases is really unfair to the landlord as the percentage increases are virtually irrelevant when the rent is a small amount.

Target areas with high rental demand, job growth, and population increases to ensure strong occupancy and appreciation.

With the increase in prices and competition over the last few years, these figures were so divorced from reality that these people now typically advertise 8% to 10% at the most, which, unsurprisingly, is still higher than reality.

Other most common factor: Family Size increases due to marriage or having a child.