If you manage rental properties in California there are two proposed bills: (AB-330 and AB-1482) that could further erode your ability to run your small rental businesses in the Golden State. In this article, we will break down both bills and provide you with insight into...
You just bought a great apartment building in Los Angeles and like every investor you want to realize the upside by increasing the value of your property but the question is how? To increase the value of your property you can choose some common solutions like:...
Over the last ten years, we’ve seen a huge increase in demand for multifamily rental properties in Los Angeles and other cities across the United States thanks to the changing demographics of renters. In this article, we will break down how the demographics of multifamily renters...
For the first time in 10 years, Los Angeles residents who live in rent-controlled apartments will see slightly higher rent payments in the coming year thanks to a 4% rent increase. Rents will be increased in accordance with the Rent Stabilization Ordinance which allows rent increases...
Do you own multifamily rental properties in Los Angeles or elsewhere in California? If so, the reality is that if one of your properties has 16 or more units you most likely have a resident manager or someone who lives there 24/7, and is always...
If you’ve been investing in real estate for a while it’s most likely that you have one small apartment building in your portfolio of investment properties, and that’s a good thing, because smaller units are quickly becoming a thing of the past especially in large...
If you’re planning on buying a multifamily investment property there are basic valuation models which include the gross rent multiplier, sales comparison approach, and the capital asset pricing model. Using these models will help most investors to understand the pros and cons that a multifamily investment...
At a recent USC Lusk Center for Real Estate meeting in Los Angeles (October 17th), the future of multi-family housing was discussed including what renters and investors expect in 2019. In this article, we will cover some of the key takeaways from that meeting and give...
Are you searching for low-cost ways you can increase the value of your Los Angeles rental property? If so, you’ve come to the right place! In this article, we will share with you several ways you can increase the value of your rental without spending a...
If you ask most landlords if they’ve served a 3-day notice to pay or quit they will tell you yes, they’ve served this notice at least once while they’ve owned rental properties. A 3-day notice to pay or quit is typically filed when a tenant has...