Only people in California that is making money is the ones that buy notes.Joe Gore

As a landlord about once a year I like to pay a visit to my tenantts and properties around the end of the year.Basically to talk to the tenant, sort of get some feedback, any issues, anything they like to see added or changed, give them a status report on pending improvement items, and while I am there I give a quick tour of the property and may change a few simple things.I have a running list of things for each property.

Would be more than happy to discuss or even visit these later this week.

I want to have a back up for when I am gone and need someone to visit to handle an issue.

I can tell you that a 16% loan in CA is legal if secured by real estate and originated by a CA licensed real estate broker or CA finance lender.

Many consider California a sovereign state being so expensive....

I wasn't ready to get a loan right away but wanted to plan for it (I expect I will be buying 4-8 rental properties in Houston this year as my home California market - deals have dried up).

I still get them from the bank at 25% of the UPB except California where I pay 35% of the UPB, and sometimes I look at the underlying real estate that is being used as collateral.

I myself went over and looked inside and out, already knowing the California State laws and the Renters Rights, there are numerous code violations all over the property.

I'm a "fix and hold" investor from the Bay Area in CA, and loving it!