The investor who would have done a full renovation of a vacant unit to push rents to market decides it's not worth the capital outlay when the return is capped.Then units go vacant on purpose — held as options on a future without rent control, or simply because the economics of renting them under the cap are worse than the carrying cost of keeping them empty.This is exactly what happened in New York City after 2019.

Through building rapport, identifying pain points, and utilizing negotiation power, we create win-win solutions that lead to profitable deals.

That turns a 5k profit into 0k after carrying costs.Duplexes are a different animal entirely.

So with GDX, I can simply reverse engineer things, know what profits will be when their operations are based on 2,400oz, and sort what profitability and thus valuations will be. 

An engineered cost segregation study doesn’t require REP status to be valid, it simply accelerates depreciation but whether you can use the losses immediately depends on how your activity is classified.

Its because the advertisements for these tend to attract beginners or those that simply dont know how tough this business is and the risk of inner city investing..

A paid off building in LA doesn’t automatically mean it’s profitable once you factor in higher property taxes, insurance, maintenance, and rent control restrictions.

Simply have rental income/expenses.

They are flat out criminals and simply don't care about the lives they have ruined. 

Hey BP fam,
Turnover absolutely destroys cash flow. You can run the numbers all day, but if a unit sits empty for a month, it wipes out a huge chunk of your annual ROI.
So, what is the secret to keeping great tenant...