Hi all, I have a tenant that signed a 18 months lease and kept delaying on their rent payment in the first 6 months.

Paul recently implemented 3% rent control (irrespective of inflation) which has been a complete disaster so far - no one knows how to enforce it, developers are stopping new builds, etc.

We are using the "rent-by-room" strategy, and we put electronic locks on all bedroom doors and the front door.

Since I’ve increased my deal flow to a significant degree, I find that this technique eliminates the wasted time and effort of dealing with people who aren’t highly motivated to close a transaction.  

I just put the rent money in and take out money for bills.

Frankly, I would be surprised if a real estate agency would want to hold rent properties in the same entity as their brokerage business.

Then you have a property you can’t rent out STR and have to sell?

I am planning to rent out this house to a tenant and I have a few questions I need clarification on.1) If the tenants change the utility service (PG&E) in their name how would it impact NEM 2.0.

I think 50-150 units is no mans land and we stick to institutional level sized deals. his underwriting is too simple. the unit mixes are off we only build studios and 1 beds for fast absorption, the deal is also under parked without a parking study. anyone who uses "roughly" in their analysis isn't sophisticated enough. we underwrite rent growth, asset growth, and a million other assumptions this wouldn't pass any people I know who invest in deals. get with a More experienced operator and read more sophisticated underwriting. 400k per door new construction is crazy. how much is the land? 

Or slow Do people actually rent single family homes for $4000 ?