New Rent Cap = 5% + CPI…Let Me Show You How to Beat That!
Landlords welcome to the world of limited rent increases. As of January 1, 2020, we now live in a rent-controlled state. Ridiculous I know, but rather than dwell on the negative, let’s beat the system!
WATCH NOW as I walk you through one of my personal rehab projects of a multi-family property that I recently purchased. The tips I share not only allowed me to vacate ALL tenants legally (who were paying under market rent), but will also enable me to achieve as much rent as the market will bear…and then some!
If you have attended one of my recent Educational Luncheons you were prepared in advance for rent control as I thoroughly discussed what improvements increase rental rates by the greatest amount, and I also covered at length what tenant demographic pays the highest rental rates. With rent control, this information is important more than ever!
Over the next couple of weeks, I will walk you through on video as we go through the construction phase, and then I will give a final balance sheet of what the financials tell us about the final payout of the project. WATCH NOW as I expose my personal investment strategy in hopes of empowering you the landlord in the pursuit of Maximum Cash-Flow, Tenants Who Behave, and Thriving in a Rent Controlled Market!