While the ordinance went into effect on October 10th, the large response to the Call For Action yielded an initial ‘grace period’ of enforcement until November 9th.Below is the summary of the ordinance.

If you do invest in SFRs, is it better to hold the properties for a shorter period (less than 10 years) to increase your IRR?

This is because the agreement obligates you to work with them on any transactions within that period.2.

**Property Tax Records**: Some counties do share property sale information with townships periodically for property tax purposes.

The customary California purchase agreement includes a contingency for the physical inspection of the property, so you will grant the buyer and agent access to inspect the property during the contingency period. 

It was a time period marked by social upheaval, political instability, the collapse of the feudal system and near-constant military conflict. 

The terms would be a 30-day closing with a 10-day inspection period. 

Again, I give them the line and tell them the previous owner is responsible for all assessments during their ownership period. 

They know our payback period is 8 to 12 years.  

I like NV.It sounds like you’re all about keeping things short-term and maximizing returns with each flip—property taxes aren’t a concern when the hold period is brief!