The best investors understand they won’t suddenly know if it’s time to sell. They decide if the time is right. Selling and moving up is how they build legacy wealth. Why Sell? There are many triggers for an investor to sell an apartment building. Let’s begin with the financial reasons: dollars and cents and…
DetailsJoin Us as We Take Political Action Too Long Two’s Day (Tuesday) On Tuesday, 2/22/2022, between 2:00 p.m. and 3:00 p.m., please make two phone calls. One to your city council member and another to your county supervisor. Although the state eviction moratorium has expired, there are multiple counties and cities that continue to extend the…
DetailsOn January 25, 2022, the Los Angeles County Board of Supervisors voted to extend the COVID-19 Tenant Protections Resolution through December 31, 2022, unless repealed or further extended by the Board. What is the County’s COVID-19 Tenant Protections Resolution? The County’s COVID-19 Tenant Protections Resolution (formerly the LA County Eviction Moratorium), which went into effect…
DetailsTitle is the word to describe the “bundle of rights” you enjoy as the owner of real estate property. We say that as the owner, you “hold” the title, but title is not a physical thing; rather, it’s the concept of the rights granted over the property through the deed. However, title isn’t just one…
DetailsFor most Americans under the age of 50, inflation has never been much of an issue. Yes, prices rose a little every year but that was considered normal. Price increases of 1-2% a year for most goods and services were to be expected. People under the age of 50 were too young to fully experience…
DetailsNew Law for California Landlords Beginning January 1, 2022, residential landlords shall provide the booklet “Information on Dampness and Mold for Renters in California”. This booklet must be given to prospective residential tenants prior to entering the rental or lease agreement, in accordance with the 2001 Toxic Mold Protection Act (HSC #26148). The booklet, which…
DetailsClogged supply chains. Hiring struggles. New mask rules. A virus that trampled right over return-to-work schedules. Last year was chaotic for many businesses across California. What does 2022 hold? Layered on top of pandemic uncertainty is the question of what policymakers might do for — and to — businesses. “2022 is going to be a very…
DetailsThe impact COVID-19 has had on commercial real estate is significant. However, not all shifts have been negative. According to Forbes, the pandemic has generated some innovative possibilities for the CRE market in 2021, including more affordable rental prices, smart building tech, and software specifically geared toward enhancing the tenant experience. But do technology and…
DetailsHere are six lessons for landlords from the pandemic that may help better prepare for the future should another potential disaster appear. COVID-19 created a perfect storm for landlords, many of whom were thrown curveball after curveball, requiring them to adjust on the fly for their renters. The most challenging part for a landlord during…
DetailsSANTA ANA RENT CONTROL LETTERS TO MAYOR AND CITY COUNCIL Mayor and City Council: We watch in horror as you blindly put Santa Ana in the dark hole of rent control! You are giving a private subsidy (property owners pay?) to the many for the needs of a few! Are mobile home owners with…
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