By MW Real Estate Group LOS ANGELES, CA – Do you own a Los Angeles apartment building and are wondering how much you should raise the rent? If so, you’ve come to the right place. In this article, we will provide insight you should consider when raising...
MW Real Estate Group Protects Client Checking Accounts with Positive Pay What is Positive Pay? Positive Pay is an automated fraud detection tool offered by the Cash Management Department of most banks. In its simplest form, it is a service that matches the account number, check number...
The Los Angeles rent control map below provides a nice visual on areas that are subject to rent control in Los Angeles. Areas in BLACK are subject to the Los Angeles Rent Stabilization Ordinance (rent control). Areas in RED are not. (Click on image to...
To protect oneself to avoid being stuck in a precarious position upon something happening to a rented house, apartment or room, it is strongly urged that all renter’s get rental insurance to cover any possessions owned and contained within the rented unit. Most homeowners’ policies do...
Developer Rick Caruso’s luxury apartment project in Beverly Hills has recently opened on 8500 Burton Way at the intersection of La Cienega and Burton Way. Caruso incorporated a variety of architectural concepts—including a glass tower and modernist designs of the 1960s—coupled with 5-star concierge services...
Estimating expenses is always topical around tax time, when deductions are on everyone's mind. More broadly, both appraisers and investors find themselves with recurring questions in estimating what to include on the expense side in order to achieve the best possible projections for multifamily property...
The unavoidable unintended consequences of rent control In a small book entitled Economics in one Lesson, Henry Hazlitt gave perhaps the best explanation of the unintended consequences of rent control. Following the rigorous analysis he gives in this article, it is with a wry smile that...