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I have a duplex under contract that will cash flow in paper if rents are at or near market rate. After the seller accepted my offer, I found out rents just a bit higher than half of the market rate. I’d be losing $300...
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One point to getting a property under contract is to gain control so maybe the seller wont sell to someone else behind your back. If this is the case then why do some people recommend to get it recorded so you can sho...
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I recently put together a nice article giving an overview of the new Tenant Protection Act, AB 1482, which outlines the new Rent Control for CA. https://www.linkedin.com/pulse/multifamily-investing-new-year-2020-editi...
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What are your thoughts on prop 21 2020? This will be a huge game changer if it passes and you invest in CA. This bill is essentially another shot at repealing Costa Hawkings protections, and if passed will immediately...
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We've lived in our neighborhood for 17 years. Our HOA has been there and we've had normal things from them, dues getting too high, but nothing over the top. This past week though everyone on our street rec'd letter...
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The love of my life has asked me what to make of the following situation. This is not for a property I own :
Story time for a parent :
There is a tenant we'll call him Mister Ed, living in a rent controlled apartmen...
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What are local investors' thoughts on the adoption of rent control regulations in Philadelphia? I know many rental investors who have moved to the city or choose to invest here from out of state due to such regulation...
A law was past which allows a maximum of a 5% per year increase in rent. My question is, if you have just bought a multi family building (in this case a duplex) which is being rented at under market. How do you handle...
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Oregon's New Rent Control Law signed today by Oregon Governor. I wanted to see thoughts and comments by fellow real estate investors. I'm an Oregon investor (though a newbie with 2 properties: 1 single family home a...
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I own a single family home which is a long term rental. The home is mine outright, as it was inherited. Unfortunately, I live out of state making managing the property a bit more difficult. This is my only rental prop...