This is Terry O-Media.

In today's show, if you are struggling to find private money for your real estate deals, you're not alone.

It's a mystery for most, but I've solved it for you. I'm going to let you in on it. But first I'm going to share with you new legislation that was recently passed that spells really great news for real estate investors. Perhaps not great news for everybody else and I'll explain in just

the minute let's go.

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not great news for everybody, but up zoning is good news for investors, real estate investors specifically as California leaves the way.

This is a trend likely to be followed by other states in the very near future as well, but California is their first.

California Bill SB 9 effectively bans single family zoning across the state, allowing

severances and up to four units on most residential lots.

So here's the deal. California Bill SB 9 was recently signed by Governor Newsom and the law effectively it bans single family zoning a regulation which allows only one house per lot.

And SB 9 will permit lot splitting

and allow up to four units on most residential properties

across the state.

So SB 9 was met with applause by those seeking more supply and housing affordability and opposition by homeowners and some municipalities.

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