When you do the math it seems most were heavily engaged before COVID and some even took advantage of the crisis of 2008.  

Since this post started the current crisis may have put a damper on things.Again..I thank you.

Sadly, due to a family crisis, I had to leave my hometown and market.. 

The family land deal would be slightly different, but the other deals may or could possibly look something like this:We have a local workers housing crisis and many want to get involved to help.

For the past 30 years I rode that ride well (in spite of the dot com bust and mortgage crisis), and made a lot of money.

Just like the housing crisis of 2008, this is just another adjustment cycle the market is going through (though less severe than 2008 - so far). 

Additional fees may apply depending on the number of days the property is rented.Personal Property Tax: Starting in 2024, California requires some STR owners to report the value of personal property used in the rental (such as furnishings) for taxation purposes.Potential 15% Statewide STR Tax: A new bill (SB 584) may introduce an additional 15% state tax on STRs starting in 2025, on top of local TOT, aimed at addressing California’s housing affordability crisis​(

This really tugged at our heartstrings, especially because I remembered my own struggles during the 2009-2010 financial crisis.

Another BTW, the state of NY determined in 1947 that a temporary housing crisis existed in NYC.  

But we’re hit particularly hard here.”Thecity’s own policies contributed to the current financial crisis inthe affordable housing system.