The average rent in Mountain View, CA (home of Google) is $4,150. This is leading to many people (including employees) to live in vans parked in the pristine streets and some people are not happy about it.
This is something I struggle with at times but I’m getting better at. I talk about the old adage of working on your business instead of in it and how to apply this thinking to being a landlord or property manager.
The first settlement of it’s kind addressing privacy concerns from tenants over smart locks that have data sharing apps. Something to be aware of before dropping lots of money on smart devices for a rental.
Facebook has recently changed their ad platform to make it difficult for landlords to discriminate in ads on the platform, Boston is proposing a new rule for landlords and you might have money sitting on the roof of your rental.
The Chrysler Building is set to sell for $150 million despite being purchased in 2008 for $800 million. The real estate bubble is a big reason for why the huge drop in value but another reason is that the ground is owned by a private school called the Cooper Union school in NYC.