Stepping away from the label of being a real-estate guy is incredibly difficult, believe me. This industry is where I got my start, what I am recognized for, and the foundation of every positive opportunity in my life. For a long time, I held on simply because property investment was my defining focus. However, I have come to accept that a strategy that served me well in the past might not align with current circumstances. After a decade of advising everyone to Buy and Hold, I have made the decision to list my entire real estate portfolio for sale and leave the space behind.

The emotional attachment finally dissolved when confronted with the stark financial realities of 2026. When you factor in the relentless background noise of taxes, soaring insurance spikes, and ongoing repairs, my LA rentals are only netting a return of 4-5%. In contrast, a risk-free Treasury currently yields exactly 5%. The everyday trade-off simply no longer makes any logical sense.

My departure was not entirely sudden, as frustrations with mounting bills, routine maintenance, and tax increases had been compounding for a while. The ultimate dealbreaker, though, was my attempt to construct an ADU. The city of LA frequently states that it wants investors like myself to create more housing, yet the process they facilitate is astonishingly difficult. Between enduring two delayed inspections, navigating a sewer pipe replacement that mandated 75 days advance notice, and suddenly having to absorb the liability for a city-owned tree, my patience was completely exhausted.

To reclaim my sanity, I am now transitioning my wealth into a liquid portfolio. This shift will finally give me the freedom to dedicate my energy to the professional work I actually love doing. For those interested in the finer details, I have published a comprehensive analysis on my Substack. It covers the full story of the frustrating ADU ordeal, the precise mathematical numbers behind my exit, and exactly where my money is going next.

I will share the link to that post here in a bit.