Five Laws Affecting Apartment Landlords Now!
If you’re a landlord in the Los Angeles area, there are many laws and regulations affecting your apartment building, making it difficult to keep up with all of them. Below are several new and old l...
Regulations Affecting Airbnb Short Term Rental
As our previous article has suggested, Airbnb has become a popular way for landlords to beat the tough rent control ordinances. However, many cities are cracking down on short term rentals. In Los Angeles, cities such as Santa Monica and West H...
Rent Controlled Neighborhoods in Los Angeles
The majority of the neighborhoods in Los Angeles County are under strict rent control, with up to 3% increase per year. In fact, there are around 118,000 rent controlled units available right now. With the Rent Stabilization Ordinance in place,...
AirBnb – A Better Way to Deal with Rent Control
Airbnb is changing the face of the hotel and rental industry. In fact, many people are opting to rent their units through Airbnb, straying away from the traditional tenant and landlord relationship. In cities such as Los Angeles and San Franc...
New Density Bonus Program in Transit Oriented Communities
As a part of Measure JJJ, the Transit Oriented Communities (TOC) Program has recently hit Los Angeles with new regulations to promote affordable housing. Effective September 22, 2017, the TOC Program allows a density bonus if the new developmen...
Soft Story Retrofit Financing & Cost Recovery Program
If you’re a property owner in Los Angeles, chances are you have heard about the mandatory seismic retrofits that need to be done on certain properties with soft story structures. In fact, all property owners should have received a notice to c...
Los Angeles Transit Projects That Will Impact Your Multifamily Property Value
Los Angeles’ traffic has become one of the most congested in the world, causing the city to work on projects to enhance the public transit system in order to alleviate the congestion. With the passing of measure M, the city of Los Angeles has...
List Of Non-rent Controlled Cities To Buy An Apartment Building!
The recent tightening rules surrounding rent controlled properties has made it extremely difficult to be profitable in Los Angeles. The 3% allowable rent increase keeps rents relatively low and puts pressure on owners to actively seek ways to r...
10 Cities with the Most Multifamily New Construction Projects
As property values continue to go up, the multifamily industry has risen in popularity as well. Millennials who can’t afford the pricey mortgage rates are sticking with the rental market, making multifamily properties seem more desirable to i...
Most Expensive & Least Expensive Los Angeles Rental Neighborhoods
As we all know, rents in Los Angeles has skyrocketed since the beginning of the year. The increase in property values and population is causing a tightening of the rental market, causing a huge hike in average rents Los Angeles. Below is a map ...