Since the onset of Omicron, more small SoCal landlords are reporting that they are seeing the lowest on-time rent collection since April of this year. Sadly, Omicron has presented a setback for the already strained California economy, and with more tenants out of work due to...
California’s eviction moratorium has officially been over about 30 days now and Los Angeles landlords, are faced with the question of should they evict or not evict? Now that eviction is officially an option again, it’s understandable that many landlords are ready to move forward with...
The internet has made it easier than ever before for landlords to market their properties and grow their businesses, but the big question is which tech tools should a landlord use? Technology definitely will make a landlord’s life easier but it’s sometimes difficult for landlords to...
Emotional support animals have been in the news a lot in recent years as it’s not been uncommon to see people with every conceivable emotional support animal from dogs, snakes, and cats, to small horses. The big question is what exactly is an emotional support animal,...
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...
September 1st is a few days away and with the start of September will also come to the end of the eviction moratorium that’s been in place since the start of the Pandemic. At the beginning of August, the eviction moratorium was expected to end on...
The California Eviction Moratorium was extended again last month, this time until September 30th, but that hasn’t stopped a California Supreme Court Chief Justice from targeting it to end the Eviction Moratorium as early as this month. Chief Justice Cantil-Sakauye recently gave landlords in California hope...
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 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...