Are you planning on hiring a property manager for your Los Angeles rental property? If so, you’ve probably seen that most property managers in California have real estate licenses but the big question is does it even matter? The answer to this question is yes. A...
California lawmakers recently introduced a trio of bills that would hamper a landlord’s ability to evict tenants. The first bill that every landlord should oppose is AB 2343. This bill will essentially reward renters who have failed to pay their rents by delaying the unlawful detainer...
By MW Real Estate Group There’s no denying that rent control is one of the most contentious issues in California right now and efforts are currently underway to expand rent control across the state by repealing Costa Hawkins. What Is Costa Hawkins? Enacted in 1995, the Costa Hawkins...
By MW Real Estate Group LOS ANGELES, CA. – There’s been a disturbing trend in the rental property industry that’s been on the rise in 2018. More owners are facing “warranty of habitability” lawsuits from unscrupulous law firms who file these lawsuits on behalf of tenants...
By MW Real Estate Group LOS ANGELES, CA. – Are you planning on investing in multifamily rental properties in 2018? There are a number of reasons why multi-family properties are an excellent hedge against inflation including the following: Lease Turn Over Retail stores, as well as office buildings normally, have only just a very small number of occupants secured into long-term leases. Multifamily residences, on the...
By MW Real Estate Group LOS ANGELES, CA. – Mortgage interest rates as of 3/6/18 are 4.625% for a 30-year fixed mortgage loan and rates are predicted only to continue increasing in the coming month's thanks to a strong economy. In the last 7 days, the Fed increased...
There’s no doubt that one of the many challenges that come with owning commercial real estate, especially in California, is having to deal with frivolous ADA lawsuits. The good news is that progress is being made when it comes to combating drive-by ADA Lawsuits thanks to...
By Mike Shiavo and Wendy Landrum of Baker Tilly The Tax Cuts and Jobs Act (TCJA or the Act) made many changes to the depreciation and expensing rules for business assets. This tax alert will focus on three major provisions of the final legislation: Bonus depreciation ...
Are you planning on investing in Los Angeles area real estate? If so, there’s nobody better to help you buy and manage your LA Real Estate than Wolf Baschung, owner of MW Real Estate Group. About Wolf Baschung In a recent interview with VoyageLA, Wolf sat down...
LOS ANGELES, CA. – As a uniquely specialized full service brokerage and property management firm, MW Real Estate group closely monitors all market fundamentals and extrinsic factors affecting the commercial real estate investment sector. This includes the recent tax reform (Tax Cuts and Jobs Act)...