Doing It Differently – A Chat with Real Estate Private Equity Investor Moses Kagan Part 2

This is Part 2 of the episode where we discuss real estate private equity investing with Moses Kagan. Southern California, in particular Los Angeles, has a great advantage for real estate investors: Proposition 13. The law limited property tax rate increases by 1 percent of assessed value in year one, and the assessed value can't increase more than 2 percent afterward regardless of the market value. Now, that means the property tax (which is usually the highest cost for real...