As life slowly begins to get back to normal nationwide thanks to vaccinations, we’re seeing Covid-19 cases decrease in many cities. This is encouraging news for everyone, including landlords, because it means that people are going back to work and are able to pay their...
Landlords in Los Angles, and across California, breathed a collective ‘sigh of relief’ recently after Governor Gavin Newsom signed SB 91, a bill that will use $2.6 billion in Federal funds to pay landlords up to 80% of the back rent that they are owed...
Over the last 12 months, package deliveries are on the rise at multifamily properties worldwide, due to Covid-19, which has led more people to shop online than ever before. With an increase in package deliveries at multifamily properties, many get lost or stolen because a package...
Are you planning on investing in maintenance for your Los Angeles area multifamily property in 2021? Before spending the money on maintenance, make sure that you allocate those funds properly by understanding the difference between habitability maintenance vs. cosmetic maintenance. Understanding Habitability Maintenance In the State of...
As we approach Christmas 2020, and New Year’s Eve, the biggest news item that everyone is talking about right now is that the Federal Eviction Moratorium has been extended to January 31st, 2021. For renters, this provides them with another 30 days since the CDC eviction...
2020 has been a year of change and upheaval for multifamily investors due to issues like Covid-19, lockdowns, social unrest and economic uncertainty nationwide. As we approach 2021, now is the perfect time to look back on how the multifamily market fared in 2020, and analyze...
The November 2020 election has been over for three weeks now and with a new year around the corner, most investors have been asking how will real estate investing change under the Biden Administration? In this article, we will answer this question and provide you with...
Thanks to recent data, we know that apartment rents in Los Angeles have declined by 12% year-over-year, in West Hollywood and LA, since the beginning of the Covid-19 Pandemic. This was to be expected because the Pandemic has been responsible for a variety of factors including...
Partial rent control in California has been active for close to one year now thanks to the passage of AB 1482 but for some lawmakers this bill didn’t do enough to protect tenants and this is why Proposition 21 is on the November ballot. If passed...
With the eviction moratorium set to expire on September 2nd, California lawmakers have been working hard over the last week to pass a new eviction ban. They accomplished their goal last night by approving AB 3088, a new eviction ban which will postpone evictions for tenants...