I just had one of my business partners over from Singapore.
if you have not been its a model of efficiency... I asked him how they can have no tax on corporate earnings or interest income.
Answer NO social welfare... you either make it or you don't... education medicine and housing is government subsidized but you must be gainfully employeed and in many cases married.. Papa was a rolling stone don't cut it there LOL
Sherman Oaks, CA · Member since 2013 · 3k+ posts · 2k+ votes
10y
@Richard Dunlop Section 8 in LA are having a hard time finding landlords because market rents are much higher now. It is budgeted so 40k folks on wait list and lottery to get on wait list.
Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
10y
@Matt R. its inverse of the Mid west were section 8 is generally higher than market rents ergo the desire to use section 8... don't know about Detroit section 8..
in some mid west markets section 8 can be as much as 20% or more higher than market.
IN the Portland Market you would find it very difficult to get a land lord to accept section 8 as there are too many market paying tenants and in this area the stigma that comes with section 8... its not the golden ticket like it is in the mid west.
Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
10y
@Matt R. I saw on your website that your now taking EBT cards for surf lessons and paddle board rentals and lessons.. that's a great marketing tool right there.. Only in LA
Contractor · Los Angeles, CA · Member since 2015 · 4k+ posts · 1k+ votes
10y
Jay Hinrichs Ha! That's the first! Guru Villian has Returned your Investment? I thought for guru students ROI meant Return Our Investment! I always thought that their line was a myth, proves to be right, 0.1%. lol
Sherman Oaks, CA · Member since 2013 · 3k+ posts · 2k+ votes
10y
@Richard DunlopNo doubt. I used to be in South Beach, FL too until they tore down my managers APT on the beach and that apts actual backyard served as our location. There is no backyard anymore. I had plans to expand to Great Lakes but need to revisit those plans. There is a surfing community there and the stand up stuff is a no brainer.