$200-$300 A MONTH - EVERY YEAR INCREASING
RENT WARNING

If you're considering renting one of the units in the property located at 201 1st Street, Huntington Beach, CA 92648 or any other property owned/managed by Mark or Nicole from MNA Properties  be sure to ask them outright if they will be raising your rent every year, and if so, by how much, and by what metric. 

And then get all of that in writing before signing anything.  And if they speak in vagaries or refuse to negotiate and/or put everything in writing,  just walk away.

Because if you don't ask before signing a lease, they won't say anything until you're eleven months into you new digs, all comfy, settled and happy, perhaps even with kids stoked on their new school and everyone loving their new life until... 

BAM!  You get hit with your first rent raise, and welcome to the real MNA.

And welcome to MNA's annual rent-raising Russian roulette - where they load the rate increase bullet, spin the chamber and put it to your temple (pun intended) 

And that nerve-racking guessing game will become a terrible looming anniversary that you will dread, wondering just how hard you're getting whacked each year.  

And trust me, it only gets worse every year. 

And for what? The sublime privilege of staying in the home you just spent a year making.  

And now that you've moved your entire reality into MNA world... 

They've eff'n got you.

Sorry folks. That first year's rate is officially gone.

That was just the introductory rate.   

And from here on out, MNA will determine what THEY SAY you will pay to stay in the home you made, or eff off.
 

There are no negotiations.  

Their little on-line pay portal will deliver the ransom note.  

And you'll be given 30 days to decide if you're going to accept its cyber demands.

And if you take time to consider your options, they'll put your unit up on the internet for showings.

They're not kidding. 

They don't care about those cookies you gave them for Christmas or what school your kids will be in next month.  

Pay the portal gunman or leave.

And that will be every year from then on out.  

And no, they aren't upgrading anything.  

You'll be lucky if they fix anything.

And if you do decide to pay the digital stickup man, you'll forever be that battered wife, afraid to complain about anything for fear that when annual whacking day comes back around you'll get whacked extra hard for piping up. 

And so you just deal with the property falling apart around you and counting down the months until the battering ransom ritual repeats.  

Which it will.

Forever.

So please don't let this happen to you.  Mark these words:

MNA will raise your rent every year - Forever

And you won't know by how much until you're under the gun

So how in the hell are you supposed to plan around that?

And it's not like they're upgrading your unit or the complex

And trust me, they don't need the money (see the end).

So if you're looking for a long-term stable living situation to make your home...  

201 1st Street and MNA are not it.

Anyways, just roll around Huntington or Newport looking for hand-written FOR RENT signs and you'll eventually find yourself a landlord that's not trying to wring-out a fellow traveler.  

GOD BLESS 

- and be sure to check out the disturbing fun facts about MNA below the video -

ALSO NOTEWORTHY:

THERE'S A HUGE FUDGE FACTOR IN THE PRICING OF 201 1st STREET THAT MNA WON'T TELL YOU:

The on-line rent estimators like Zillo etc. ARE TOTALLY SKEWING THE VALUE OF 201's RENT because the Resort-Level Hotel-Style Spa-Like Pacific City Resort Apartments are directly across the street. 

So... the aggregators use those tricked-out units with the roof decks, Olympic pools, multiple jacuzzis, spa-level amenities, Equinox-level gym and secure underground parking to factor their estimates of  201's sixty-plus year old everything.  

And THAT is why the websites say 201's rents should be so high.  Because those websites have never been anywhere near, let alone in, the 60+ aging and neglected 201 1st Street.

The owners improve nothing:  All they do is the barest of minimum maintenance.

The plumbing, electrical and phone/cabling are all 1960's dog shit along with the kitchen cabinets. From what I've seen aging pergo floors and a few new sinks are about all what's been "upgraded."

• And FYI : The property is actually on and facing Walnut St. which is the official 2 a.m. piss on your garage, shove beer bottles into your bushes, drunken, screaming, fighting, car-scratching, (homeless) thoroughfare between Main Street and Pacific City.
  
  EVERY SINGLE LOUD-ASS NIGHT
  Food for thought

MNA PROPERTIES'  DISTURBING FUN FACTS

201 1st Street IS ONE OF MANY multi-unit, single-family and Airbnb rental properties owned by Mark and Nicole (the M and A in MNA).  So it's not as if they're some fragile widow with a meager guest house that needs money to buy yarn and cat food.  Mark and Nicole were given MNA by their mother and are CRUSHING IT... out of their tenants.  

Numbers don't lie - according to  REALTOR.COM  201 1st Street has gone from the $2.2m they paid in 2011 to an estimated $6m today.  

That's $3.8m in 13 years = $292, 307 a year in passive increased equity.
And that breaks down to $24,358 a month in passive equity.
FOR NOT DOING JACK SHIT

And that's not including the approx $300k they rake in annually from rent on that one property as well. 

But for some reason they act like they have to keep raising those rents on their fixed income working class tenants like they think wage earners have been getting annual raises from on par with their skyrocketing property values or something.  Like everyone is getting 10%+ annual pay raises rather than the layoffs, reduced hours, shittier tips and the crushing inflation on all facets of their lives in this eff'd up Biden economy. 

So yeah, Mark and Nicole's living expenses have gone up with everyone else, but the rampant inflation is only having a negligible affect on their costs of doing business. And it's nowhere near the 5, 7, 10% they're raising rent every year.

I mean I'm pretty sure they got a fixed rate mortgage when they bought the place back in 2011 or refi'd to one in the 13 years since. So the mortgage on the property is not going up AT ALL, zero percent. And I'm pretty sure the utilities on the property have only marginally gone up and that's about it.  So why do they HAVE TO  raise rents every year? And why by so much?

So while they're protected from the rampant Biden inflation by their skyrocketing property values that are a direct result of the rampant Biden inflation, everyone without property and on a fixed salary (i.e. their tenants) are getting crushed.  And the crazy rent raises are making sure that none of their tenants will ever be able to save for a house of their own.

So the longer you live in 201 1st Street with the crazy rent raises the poorer and poorer you will be until you have to leave.

- while their cost of doing business barely goes up -

- and they don't need the money -