As 2 more cities in LA County announce plans to draft their own individual Rent Control Ordinances, and LA County devises ways to change the eviction rules as we know them, I recorded this video for you today to first to discuss how to identify and close the open loops that may exist in your investment strategy, and to share time tested strategies that ensure you avoid the common pitfalls of multi-family investing. Now more than ever strategy is key!
Second, one of my closest clients is the #1 buyer and seller (in terms of total dollar volume) of multi-family properties here in Southern California. Not #2 but #1! Aren’t you curious to know how they got to that level and what they are doing today amidst the current challenges in the market? Having successfully completed multiple real estate transactions with them I learned it really is a very, very, simple strategy.
It all boils down to 3 key ideas that I share today.