https://www.ewg.org/news-insights/news-release/2024/03/over-240-california-community-organizations-unite-againstLate in the legislative process the tax was slipped into a 2022 law, A.B. 205, authorizing the California Public Utilities Commission, or CPUC, to add a fixed charge to electricity bills based on household income.

It's now time to take a breathe, collect some rent, and then start the process all over again.

Is anyone familiar with the SB 9 process, and if so, do you know the estimated costs and timeline?

The eviction process took 6 months in CA, 30 days in Phoenix.

You will need a U.S. bank account, however, many of those can be set up remotely, and you can start the financing process without it. 

You may be able to find deals in areas that aren’t doing well, but if you can’t dispo them it won’t matterDiverse Pool of BuyersYou’ll mainly be selling to investors, but having a diverse buyer pool gives you more options in terms of exit strategyRegulatory Environment Low regulatory markets can help keep things simpleKeep in mind that regulations change quickly in many areas, so it's important to keep and eye on your markets for changeThings to consider; rules regarding holding a license as a wholesaler, probate laws/processes, STR rules, etcStrong Rental MarketThink from the end buyers POV.

If I understand this correctly, I don't have to accept any form of late payment and can continue with the eviction process?

We are currently in the process of moving in the next few months.

To set up a TIC (tenant in common) for a 1031 exchange there is a legal entity and process that needs to take place.

I hired a broker to help me process the application and prepare a lease.