Penn Hills and more

Stupidity from Penn Hills

Hi Josh,

Hope all’s well!


Not sure what to do about this but thought you might have ideas.  Per the attachment, It looks as though Penn Hills was able to sneak through an ordinance similar (but even more costly) to that which we were able to stop in the City of Pittsburgh.


Irina was given this during our last OC inspection (which we already pay $50 per tenant for), and was told that we will need to fill this out and have each tenant sign it for each unit we own in Penn Hills every year, and send it in with the $50/unit/year fee (in addition to the existing $50 OC fee).  She was also told (but it’s not in the attached doc’s) that owners who do not live “nearby” may no longer be permitted to manage their own properties and will be forced to turn them over to a management company.


Mark Cuban to Young Millennials: Live Cheap – Clothes, Cars Don’t





Business Insider

May 8, 2015


Mark Cuban followed his friends to Dallas in 1981 after getting his bachelor’s degree from Indiana University.


He remembers that when he first moved into their apartment, he didn’t even have his own room. Things were so cramped that he’d come in at night after bartending and have to sleep on the couch or, if that was taken, the floor. He kept his few belongings in a heap.


Cuban spent his 20s living cheaply and investing money in his first business, software distributor MicroSolutions. When he was 31, he sold the company to H&R Block for $6 million. The $2 million he personally made on the deal put him on the path to becoming the billionaire investor, entrepreneur, and Dallas Mavericks owner he is today.


In his book “How to Win at the Sport of Business,” Cuban writes that if you’re in your 20s, you don’t need to share a gross apartment with a bunch of friends, but you should live cheaply, even if you happen to be doing well.


Paying off bills, debt, and establishing a nest egg is far more important than indulging in a sprawling home or high-end fashion, he says.


“It doesn’t matter where you live,” Cuban writes. “It doesn’t matter how you live. It doesn’t matter what car you drive. It doesn’t matter what kind of clothes you wear.”


If you use your 20s to pay off student-loan debt, avoid credit-card debt, and build savings, you’ll thank yourself later.


“The more you stress over bills, the more difficult it is to focus on your goals,” he says.


Whether you’re using your 20s to build your own business or establish a rewarding career, “the cheaper you can live, the greater your options,” Cuban writes.



On a side note the Pittsburgh Penguins are now following Pittsburgh REIA on twitter.  That has no value to us but it is cool.

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