July 2020 is here and the California Eviction Moratorium is stretching into its 4th month as the state continues to struggle with Covid-19. With much of the state unemployed, or dealing with the economic fallout of Coronavirus, it was only a matter of time until Governor...
California landlords received good news recently when it was revealed that Doug Michie, a Ventura based landlord, filed a complaint in California’s 3rd District Court that will effectively end the State of California’s eviction moratorium on July 28th, 2020. Although he is a lawyer, Michie filed...
With the United States economy now officially in recession, we may see more distressed properties and foreclosures come to market in the next 90 to 120 days. This is to be expected because Coronavirus has been responsible for many renters losing their jobs and that of...
The battle over rent control in California continues, even though AB 1482 became law in January 2020, capping rent increases at 5 percent per year plus local inflation. Lawmakers in California continue to push for more rent control following Covid-19 and the changes that it’s brought...
What is the Rental Affordability Act? It’s the latest attempt by California lawmakers to end Costa Hawkins, the 1995 housing act, that places limits on rent control in California. With this new effort to “protect renters”, the Rental Affordability Act seeks to expand rent control in...
In our last blog post, we offered you a variety of “best practices” for managing your multifamily investment property in Los Angeles during the COVID-19 pandemic. Since the pandemic continues to persist in Southern California, and COVID-19 has affected the multifamily investment market, we’re going to...
Are you searching for information on how to manage your multifamily investment properties in Los Angeles while COVID-19 is affecting the LA area? If so, you’ve come to the right place! In this article, we will share with you our best practices for managing your multifamily...
Coronavirus has been the one thing on the minds of most Californians in recent weeks as every non-essential industry has been forced to close. This also means that thousands of people in the Los Angeles area and across California have not been working for at...
Are you closing your first multifamily investment property and are wondering what to expect from the closing process? If so, you’ve come to the right place! In this article, we will provide you with information on everything you can expect to happen when you close on...
It doesn’t matter if you’re just getting started with investing in multifamily properties, or you’re planning on adding another property to your investment portfolio, due diligence is the key to success with investing in multifamily properties. In this article, we will break down the essential parts...