A person’s firsts are so iconic-your first car, your first kiss, and especially your first home. It is the most memorable and equally terrifying experience for buyers. You can ask any buyer, even if the process is the same for buying each house there is no time quite like the first time. One of the biggest reasons to purchase your first home is to start building your wealth. What are some fears about buying your first home? I can’t afford to buy a home right now. I should wait until the real estate market gets better. I don’t have the money for the down payment. I can’t buy a home because my credit is not good. I can’t afford to buy my dream home. I should wait to buy a home until I get married. Buying a home seems way to complicated. You can’t afford to not buy a home right now. If you don’t own-you rent right…and you will pay less owning a home monthly than renting with tax savings. There is never a wrong time to buy the right home. Real estate is a long term investment and tryi...

So, despite the fact that 2018’s Prop 10 failed by a wide margin with 59% against , the State of California has decided that they know better than the voters and have passed statewide rent control anyway, 25-10 for the bill. The bill will allow for rent increases not to exceed 5%+CPI (the consumer price index, which is confusing by itself), it DOES NOT exempt low unit landlords, and it is overlaid on top of existing rent control. It is no exaggeration to say that the state wants to be in the business of housing, to have all the liability be on the owners and for fees, licenses, point of sale retrofits going to the state. A quick history lesson , This is a stunning and generational about-face of the landmark 1995 Costa Hawkins legislation that the voters of the state of California agreed to allow rent control to die a slow death. This act did not allow the formation of new rent control by cities. This was written as a direct response to the Rent Stabilization Ordinance (RSO) ...