It was pretty hard to find properties where the numbers and landlord laws made sense which is what ultimately led me to investing in Columbus, OH.Not to mention the upcoming legislation on the November ballot that can really hinder your returns from rental properties.

If you read the legislative history, one of the points of the current law passed in 2010 or so was making what water is trying to do to OP today impossible.

Increased investment and job creation in some sectors indicate economic progress, however, the long-term sustainability of these efforts remains uncertain. 

They are calling this a "Rent Stabilization Bill", but I hear RENT CONTROL.If you live in and/or invest in Alaska please consider contacting your state legislators to let them know how this will not only negatively affect you, but how it will adversely affect Tenants.

And they have legislation pending that wouldn't allow you to deny for a misdemeanor after 3 years or a felony after 5.

As elections get closer we will likely see consumer confidence start to become more uncertain due to the political climate and then resume again after elections are finalized.ibuyers and hedge funds are also ramping up acquisitions which is further pushing demand and lack of affordability.If/when the Feds do lower rates we will see a temporary improvement in affordability, however we do expect that small window to close quickly as lower rates will bring a lot of pent up demand back into the market which will push home values higher and cause affordability to worsen.With all factors considered here in the local Las Vegas and Henderson market we are encouraging buyers to buy sooner rather than later while they can get lower prices and seller concessions and then if needed refi later when rates come down and they have more equity.

It is time for our legislators to get out of the way and let us build homes without all the strings they're tying to different incentives.

It was pretty hard to find properties where the numbers and landlord laws made sense which is what ultimately led me to investing in Columbus, OH.Not to mention the upcoming legislation on the November ballot that can really hinder your returns from rental properties.

Thanks Account Closed The only reference I can find in the legislation that excludes SB9 from being used due to tenant occupancy in the last 3 years is specifically associated to the alteration or demolition (anti-displacement measures) of the unit on the property.

Don't forget about other legislation on the November ballot that can really hinder your returns from rental properties.