Could COVID-19 eviction protections be coming to an end in Los Angeles? A recent proposal by the LA City Housing Department calls for eviction protections to come to an end in 2023 and the move would bring Los Angeles in line with most cities in California...
Since the start of the COVID-19 Pandemic, many tenants have been unable to pay their rent on time, or they stopped paying rent for months during the Eviction Moratorium. As the world slowly returns to normal, some landlords in Los Angeles are intensifying their background checks...
The demand for Class C Apartment Buildings has reached record highs over the last 18 months as more investors in Los Angeles have been searching for these properties than ever before. Why are investors scouring the market for Class C Apartments? The reason is simple. During...
In a last-minute move to stop a ‘tidal wave’ of evictions from hitting California, Governor Gavin Newsom has extended the state's eviction moratorium for another 3 months, until September 30th. Even though an extension of the eviction moratorium may be good for tenants, is it going...
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...
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...
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...
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...