Property owners in Los Angeles have a tougher time than owners or landlords in other states because of a wide variety of rules, regulations, and programs like the Los Angeles Systematic Code Enforcement Program (SCEP). SCEP ensures that rental properties in Los Angeles are inspected like...
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...
Are you planning on investing in Los Angeles area real estate? If so, there’s nobody better to help you buy and manage your LA Real Estate than Wolf Baschung, owner of MW Real Estate Group. About Wolf Baschung In a recent interview with VoyageLA, Wolf sat down...
CAP Rate Calculations; The ROI Formula Lens of Lenders vs Investors After the 2007 market crash, CCIMs and other commercial real estate professionals were often asked, 'What is it worth?" With a paucity of sales from which to extract investment benchmarks, many of us were limited to guesswork,...
By Wolf Baschung, CCIM, CPM From Los Angeles to New York, and Anchorage to Key West, RUBS utility reimbursement is taking hold. Properly allocated utility responsibility and cost is critical to apartment building operations. As utilities are supplied to a rental property, they are typically split-up,...
To all our housing and neighborhood development partners: The Mayor and City Council approved the dissolution of the Community Development Department (CDD) effective July 1, 2013 in line with efforts to simplify and consolidate the City’s economic development processes. All functions, programs and services provided by CDD will...