Are you searching for more information on how the multifamily market is doing in 2021? If so, you’ve come to the right place! The good news is that as of May 2021, the nationwide multifamily market has enjoyed its best month since the beginning of the...
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...
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...
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...
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...