Rent Control | Is Rental Properties a good investment? Part 1 | 租房注意事项

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How are the current geo-politic and demographics impacting the real estate investments for rental properties. This has very little to what I think, more so on what it is happening. Question: What laws or bills are out there that may be detrimental to the landlords? Please let us know in the comments area. I am not going to state the obvious advantages in this video. With years of managing properties, I will share them at another time. Please do a lot of research and decide whether this is for you or not. and I hope watching my video will lead you to the right direction. This is the Cons, 1st part of the video. Be sure to check out the next video on the Pros. Rent Control in states like NY and California, AB1482 the Tenant Protection Act of 2019 limits you on the amount you can lease as in you can’t even raise rent for more than 5% in a year. No big deal. You may not evict tenants even after their fixed-term lease runs out (Bill -HR 6379 Taking Responsibility for Workers and Families Act, Division “i”, section “1” - proposing to halt evictions unless the tenant perpetrates a “serious criminal act to the life of owner). Sounds like property damage, missing rent and anything else is okay. Landlords perform a necessary part to the community as they are providing a home to can't buy a house or doesn't want to. They maintain the place and make sure it is safe to live in and manage rental properties and paying many fees. Rent control states make it much harder with these policies which make the landlords not wanting to do maintenance as too many policies are in places. Tenant do not have to occupy the unit for amount of period before they can start not paying. California restricts the background checks. Majority of good landlords do background check on tenants as for tenant. As for tenants, they want good neighbors too. Here is the misconception, not all people with lots money are landlords, and not all landlords are rich. Many of us put our years of hard earning money into rental property to make money so we don’t lose what we have to inflation (as I talked about in previous video). If we can control how we rent and how much rent property owners are pulling money out of CA and NY. With more and more landlord unfavorable policy, it means it harder for investors. As I explained in great detail in another video. Unemployment is paying more than some hourly workers thus they can demand higher pay from owners incurring higher expenses. Only primary home owners might be happy as they like to see the values of their home go up. Demographics are impacting the rental market as population is not growing at the rate it used to be. With people having kids later in age and fewer of them, the trend will follow. Investors with a lot of cash are not impacted by the virus situation and need to park their money, but the mom and pop investors have their income in jeopardy. These these regulations come to reality, it will drive the rental ownership lower to few numbers. There are still many advantages to rental property and an investor. Please be sure to check out my next week's video on the PROS of Rental Property.