Landlords in Los Angeles, and across the United States have had a lot to deal with in recent years following the Coronavirus pandemic, and continued extensions of eviction moratoriums. Sadly, the struggles that landlords face are not over because the Biden Administrations recently announced it’s ‘Bill...
With the eviction moratorium formally ending on January 31st, 2023, the Los Angeles City Council has been working hard to expand housing regulations in the effort to prevent an eviction tsunami from hitting Los Angeles. In this article we will provide insight into what expanded housing...
2022 is quickly ending, and with the end of another year comes the opportunity for us to look ahead to the new year and the opportunities that it holds for the LA Rental market. In today’s article, we will break down what the coming year is...
Los Angeles area landlords breathed a collective sigh of relief this week as the City Council voted to extend COVID-19 eviction protections until the end of January 2023. This means that unless eviction protections are extended again in January, renters could face a normal rental market,...
It doesn’t matter how we define it; a recession is officially here. And the big question is how will it affect multifamily? In this article, we will answer this question while offering insight into how the recession will affect multifamily for the remainder of 2022 and...
In March 2020, the eviction moratorium was necessary to fight the spread of COVID-19, but with life slowly returning to normal the Los Angeles eviction moratorium continues. Mom and pop landlords in Los Angeles recently met with city leaders at LA City Hall to discuss ending...
Thanks to a recent study by the National Association of Home Builders, we know that government-imposed regulations often account for more than 40% of multifamily development costs. This is not surprising, especially in California, where regulations can often delay projects for years and the sad thing...
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...
Thanks to the recent State of the Property Management Industry report by Buildium, we know that more companies are turning to property managers than ever before. The rental market has bounced back over the last 12 months from the dark days of 2020 which included lockdowns...
New taxes and California are two things that investors have come to expect living here, and if the California Speculation Act (AB 1771) is passed, real estate investors in the Golden State may soon have another tax pay. What is the California Speculation Act? Proposed by...