All Forum Posts by: Susan O.

I will try to send my friend there who's been investing in Oakland for a while You should also discuss the state intervension into housing and Costa Hawkins AB 1506 and this new left leaning KCET City Rising documentary!

Costa hawkins (allowing new buildings and Single family houses to be under rent control and make it universal among different

ET "public television" It's sponsored by CALIFORNIA ENDOWMENT who gets funding from California Governemnt

this is on KCET

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Originally posted by @J. Martin:

@Senika Levias,
Thanks for helping spread the word :) It's going to be a great group!

@Sergey Tkachev,
Thanks for the shout out about the event! And @Account Closed, Sergey's not even on my payroll!! Just a happy, paying attendee :) (for the third year now! - OG status!)

Chavaugn,
You're confirmed for 2x2-day tickets. Welcome out for your first time!
We'll be rolling out a networking app this year to get even better connected before, during, and after the event.
For now...

Senika, Sergey, Tkachev,
What are your "haves" and "wants" to offer up to other attendees?

**HAVES**
- Advice on Airbnb / furnished rentals, rent control in the SF Bay,
- doing BRRR in Oakland and Richmond,
- travel advice
- connections for agents, lenders, RE folks, especially in the San Francisco Bay Area

**WANTS**
- Volunteers to help get gifts and donations for our charity Duc Son Orphanage.
- Landlords in major metros that want a better tenant
- Attendees of the Summit to share the word about what we're doing with their friends & colleagues

@Jay Hinrichs,
So it sounds like you'll be able to make it out this year? That's awesome!
We're tight on speaking space, but I'm sure we could have you lead a break-out session or hop on a panel if you're up for it :) Thanks again for cooking dinner for my gf and I out in Lake Oswego! I also got to visit my friend in Portland. And Seattle has been beautiful this summer also :)

We drove down to the totality near Salem to camp. Here's a pic from the full eclipse!

Hey J Martin and other's you should definitely talk about rent control. It's going to be on a September KCET show and Bay area is huge.

Costa hawkins (allowing new buildings and Single family houses to be under rent control and make it universal among different cities) and these groups like California Endowment and Tenants Together

CALIFORNIA ENDOWMENT gets $billions from the govenemrn then pours it into Tenantstogether.org So essentially our taxes are paying this organization who wants to increase government control of private property.... thus upping their control and paying government worker salary. Messed up cycle. We need to get the word out before these groups are sending this sort of propaganda out ultimately they want housing to be a human "right" taking our property away.

ET "public television" It's sponsored by CALIFORNIA ENDOWMENT who gets funding from California Governemnt

this is on KC

1 Vote

Originally posted by @Taylor Ferris:

@Calvin Kwan - Thanks for correcting me on the OMI situation! That is obviously much more appealing.

You're correct that you don't need to change the lease when a new tenant moves in, you can just add an addendum. As long as they are added as sub-tenants via the addendum who will then pay rent to the master tenant who then pays the landlord, you can raise the rent after the master tenant moves out and you'll have better accountability like you said. I may have overstepped when I said don't add them to the lease, what I meant was don't create a new lease where they are all equal co-tenants and don't add them as co-tenants to the original lease as they will have the same rights as the original tenant. Be careful of the language.

That said, if the lease allows subletting do you know if you can require the current subletters to be added to the lease as sub-tenants w/ the addendum or is that something that you need to make sure you catch when a new sub-tenant moves in?

@Eric Chang - What does it say in the original lease with regard to subletting or adding new tenants?

Get politically active if you plan on doing real estate long term. There's all sorts of things going on rent control possibly expanding to single family and all units.

Costa hawkins (allowing new buildings and Single family houses to be under rent control and make it universal among different cities) and these groups like California Endowment and Tenants Together

CALIFORNIA ENDOWMENT gets $billions from the government then pours it into Tenantstogether.org

So they take property owners property taxes are paying this organization who wants to increase government control of private property.... thus upping their control and paying government worker salary. Messed up cycle. We need to get the word out before these groups are sending this sort of propaganda out ultimately they want housing to be a human "right" taking our property away.

ET "public television" It's sponsored by CALIFORNIA ENDOWMENT who gets funding from California Government

this is on KCET

1 Vote

Boyle Heights and South Central in Los Angeles, Long Beach, Santa Ana, Oakland and the Oak Park neighborhood of Sacramento.

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Originally posted by @David Faulkner:

The truly ironic part is by all measures that I'm aware of, the tactics employed to attempt to "fix" the affordable housing problem not only have not worked, but could be argued that they have had the opposite affect and made things even less affordable in CA. The market forces of supply and demand tends to always win out in the long run ... doesn't matter if you are talking cans of soda pop, drugs, or housing. Ill conceived regulations as well as fear and greed may distort prices in the short term, but supply and demand move them in the long haul.

@Matt R.

https://www.kcet.org/shows/city-rising/city-rising... this is on KC

ET "public television" It's sponsored by CALIFORNIA ENDOWMENT who gets funding from California Governemnt

Costa hawkins (allowing new buildings and Single family houses to be under rent control and make it universal among different cities) and these groups like California Endowment and Tenants Together

1 Vote

Originally posted by @Chad Hale:

Several property owners have spoke at the San Jose City Council meetings.

Archived video of City Council meetings can be found here:

http://www dot sanjoseca dot gov/index.aspx?NID=191

Just cause immediate goes into immediate effect: May 9, 2017

http://sanjose dot granicus dot com/MediaPlayer.php?view_id=51&clip_id=9717

Just cause approved: April 18, 2017

http://sanjose dot granicus dot com/MediaPlayer.php?view_id=52&clip_id=9661

Investing in San Jose can still make sense. Follow your numbers and know the rules of the game.

@John Fedro

https://www.kcet.org/shows/city-rising/city-rising... this is on KC

ET "public television" It's sponsored by gets funding from California

So essentially our taxes are paying this organization who wants to increase government control of private property.... thus upping their control and paying government worker salary. Messed up cycle.

We need to get the word out before these groups are sending this sort of propagandas out ultimately they want housing to be a human "right" taking our property away. I'm not sure what to do I'm just gathering info and trying to get the word out about costa Hawkins (putting rent control on single family houses and throughout ) and these groups like California Endowment and Tenants Together

@Matt R.

1 Vote

People are becoming entitled to everything. At Biggerpockets we work hard, save up and try to buy property as an investment. Here's some more info on AB 1506 which is a push for rent control increases throughout California.

Make sure to get active write city council write your local assembly and fed

https://www.change.org/p/say-no-to-ab-1506-because...

PETITION AGAINST RENT CONTROL

They're also moving onto different states. I was recently in Texas, in Austin and I saw them picketing rent raises and asking for universal rent control

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A lot of landlords, home owners and residents are pushing back against LA housing Department and their corruption

Make sure to get active write city council write your local assembly and fed

https://www.change.org/p/say-no-to-ab-1506-because...

AB 1506 is a rule which is the first step towards universal rent control. It's actually being pushed by renters groups in texas, florida, massacheusetts, new York, Oregon, Colorado, just to name a few states with renters trying to get rent control and other anti landlord and anti property owners rights

Sign the petition!

1 Vote

Los Angeles County, California

Originally posted by @Sue Vivilacqua:

just one more reason I'm getting out of Ca.

You can also fight it. We actually pushed ab 1506 all the prop owners investors and people who care about neighborhoods like home owners fought it. At least it didn't silently get pushed through. 90% of the people against AB 1506 were home owners or long time renters who don't want the gov intrusion and don't want increase of blight/crime.

The locals were the main majority at a meeting against rent control I went to. They understand it

Petition:

Make sure to get active write city council write your local assembly and fed

https://www.change.org/p/say-no-to-ab-1506-because...

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Make sure to get active write city council write your local assembly and fed

https://www.buildium.com/blog/ab-1506-threatens-re...

https://www.change.org/p/say-no-to-ab-1506-because-it-will-devastate-housing-in-california

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All Forum Posts by: Susan O.

Susan O. has started 69 posts and replied 547 times.

Post: Oakland Weekend REI Meetup

Post: San Francisco Bay Summit - Oct 7 & 8, 2017 - Join the Reunion!

Post: Taking Over Tenants in Oakland

Post: Is Housing a Human RIGHT? Entitled to property?

Post: Is Housing a Human RIGHT? Entitled to property?

Post: New Rent Controls are being pushed through Local California Gov

Post: Is Housing a Human RIGHT? Entitled to property?

Post: Los Angeles Tenants "Union" - Universal Rent Control

Post: New Rent Controls are being pushed through Local California Gov

Post: Future Los Angeles Multifamily Sales Onslaught/LA Retrofit Law