The house is 100 years old and it looks like holey hell, to the point where the city starts to get involved and we (investors) get slammed in the news for running down neighborhoods generating a anti-landlord sentiment we really don't need.

Today We’re Talkin:-The Weekly 3 - News and Data.

That news is doubly good for me since I am an engineer/project manager.

Inflation is up, people are stressed, savings are exhausted and this unexpected so called break may leave this person homeless.This ^^^^ And I saw a news story recently that 50% of the US is currently having problems making their housing payment - both renters and owners.

Below is a recent Bisnow article. If you are unfamiliar with this case, it is fascinating read. The reason I am sharing this, is the investors are taking action. I go my the saying "inaction is the worst action"- mean...

Like any type of not so good news, there are ways to deal with it, and those that deal with it better typically end up better off in the long run

And you're seeing that in the headlines now as Detroit "dethroned" Miami as the highest appreciating market recently:https://finance.yahoo.com/news/detroit-dethroned-miami-faste...Happy to chat about my experience there or send some resources that might be helpful. there's a zip in miami we have been looking at for development deals (33138) that is unbelievable. like 30% appreciation. we underwrite about 14% in Miami for deals. imagine starting a 10 million dollar build that is worth 20 million on completion and it goes up by 14% when you are building. unreal 

Good news is there is one upcoming in March 8th and March 15th, might be worth sitting in and watching how all this works. 

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.

any tools that jersey locals use for our market or have helped you close on deals or watch market news, etc?