Their contacts & market intuition was the reason I achieved a VERY high 6 figure profit in just their market area.RIP Bill & Ann!!!

If 7% limit doesn't achieve what the powers-that-be desire, how much lower will they go?

You can not bill tenants for lost value.

City has liens on them for cleanup and unpaid utility bills.

The rationale is that they almost never have to give rental increases that large.This is totally true and understandable, but I think we are only fooling ourselves if we think that this is the last rent-control bill at the state level.

Nothing in life is sure I spose except the attorney bill. 

Hi Connie,I actually just attended a REIA event this past weekend where Bill Noll spoke and offered this same package.

You also ought to see what the itemized bill is, so you know the appraisal secretly doesn't cost $2k and the HML is charging a $3k management fee.

@Bill F.What do you mean covered land play?

.- Underestimating utility bills.- THE BIGGEST ONE: underestimating or completely excluding vacancy and maintenance reserves.