Just had someone cancel last minute, so we have room for one more. Here’s what we’re going to do: Meet at our office in Silver Lake at 1pm this Saturday Start with a quick discussion of the numbers behind our deals Go tour 2-3 of our properties where we’ll discuss what attracted us to the
Hint: It’s not what you think. We have cameras because they’re very, very useful in resolving disputes with tenants. Here are a few examples: We had a tenant in 2516 Kent St. who insisted that she didn’t have a dog. She hadn’t disclosed a dog when she applied for the apartment and certainly hadn’t paid
I, for one, welcome our new mixed-use overlords. You’d think I’d be pissed about a developer coming into Silver Lake and building 300+ rental units. After all, the rules of supply and demand would seem to indicate that this new competition will drive down the rents on my units in the area. But I’m thrilled
I’m all in favor of new landlords learning the business by doing. It’s only by making mistakes that we learn. But there is one scenario where I definitely recommend new landlords get some help: When they absolutely must, at all costs, lease out a unit. No one wants to buy from a desperate salesman. Period.
I’ve been writing this blog for around three months now, give or take. And I just want to take the time today to say “thank you” to all of you. I have met amazing people here: first timers, seriously experienced investors, flippers, money guys, brokers, you name it. Without giving away names, I can tell