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NetWorth
Graham Stephan
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Comments by "NetWorth" (@networth00) on "exposing the dark side of rent control..." video.
Note to self: Don't buy any place built before 1978.
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@FearlessCaper1 Because it's RSO (rent control/stabilized)
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Buy a property with no tenant built before 1978, tear it down and build a new place.
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No, and I read a story once where their relatives can inherit the rent control apartment. A lady in NYC was living in a 3 bedroom for $152 a month, she's been there 50 years.
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@tokiobabe99 Because I'm moving to LA so there is rent control.
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So you're basically ripping off the landlord... and you have crappy free insurance. It probably takes you months to get an appointment. There's just no incentive to do better with all the freebies.
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