Jason Rizk

In Part 1 of this series, we introduced the proposed rent control ballot measure and made the case that the root cause of Massachusetts' housing crisis is a shortage of supply, not a lack of price controls. If you missed it, you can read it here . Since that post went up in February, a lot has happened. The Legislature is now under the clock, they have until May 5th to act on the proposal. If they don't, supporters need to collect an additional 12,429 signatures by July to secure a spot on...

The proposed Rent Control in Massachusetts is drawing a lot of attention from property owners, tenants, and real estate professionals. Here’s the proposed Rent Control Law in Massachusetts at a glance: Proposed Cap: Annual rent increases would be limited to the rate of inflation (CPI) or 5%, whichever is lower. No Vacancy Reset: The cap would apply even if a tenant moves out and a new tenant moves in. Base Rent: Future increases would be calculated from the rent in place as of January...

I started my journey in real estate here in the US in 2021, when I had the opportunity to buy into an existing real estate investment, property management, and renovations company in Massachusetts and Rhode Island. At the time, the company did not have enough resources to manage all of it’s founder’s properties in fact over 60% of the properties were managed by third party management companies. We focused on building strong systems and efficient processes to bring all the assets under our...