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Commercial Real Estate Pro Network

Commercial Real Estate Professionals who work with Investors, Buyers and Sellers of Commercial Real Estate. We discuss todays opportunities, problems & solutions in Commercial Real Estate.
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Now displaying: Page 1
Sep 3, 2019

Darrin: [00:00:08] Ted Lanzaro, "What is the BIGGEST RISK?" [00:00:12][4.2]

Ted: [00:00:14] The BIGGEST RISK that I see for real estate investors right now has to do with state legislators making laws that are anti-landlord, essentially. A lot of this is primarily in the residential market. But like for example here in Connecticut there's legislation right now that would make a landlord 100 percent liable for lead paint poisoning in their apartment buildings. So if someone and this is you know this is sad stuff and you obviously want to avoid this happening. But to make the landlord 100 percent liable for for something like that that happens. If it's done in such a way that it may not have been their fault. You know in other words like they may have already done a remediation but then something happens and, but they're still 100 percent liable. So those kind of you know there's other laws that restrict the amount of rent you can charge. There's the laws pending that would change Section 8 program. So it's all of these kind of legislative initiatives that are that I feel are a big big threat to landlords. [00:00:14][0.0]

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