Blog Post For: Multi-Family

Many real estate investors are not aware they are required to withhold a percentage of the gross income collected from tenants of their rental properties if the landlord is considered a non-resident by the state. (Title 18  of the California Code of Regulations (CCR) section 18662-1(a)(1)) states persons having the control, receipt, custody, disposal, or […]

Real estate investing is logically one of most effective ways to build wealth in this country. An appealing aspect of this type of investing is it allows an investor to diversify their portfolio with a tangible asset (a structure, land, fixtures). It is especially practical for those who prefer ‘hands-on’ projects where they can become […]

Due to COVID-19 mandates, there have been some changes to the legal notification process landlord must convey to tenants. The Tenant Relief Act was passed in California stating that tenants could not be evicted if they did not pay rent for reasons related to to the COVID-19 Pandemic.  The effective period for the initial phase […]

What is AB 1482? This Assembly Bill passed in 2019 and became law effective January 1, 2020. It is a state wide rent control measure that caps rent increases at 5% plus CPI (Consumer Price Index) and restricts the eviction of tenants for reasons other than just cause. Landlords of Single Family Dwellings and Units […]

In 2018, voter’s rejected Proposition 10, which was a measure to dismantle the Costa-Hawkins Rental Act and would have made instituting rent control ordinances feasible for local municipalities. It was my contention that AIDS Foundation Chairman, Michael Weinstein, who was behind the push to get Proposition 10 on ballot, would pursue a new rent control […]

The real estate market is impacted by economic conditions on a regional and national level. Real estate professionals should closely monitor the economy and how it may affect the local markets they service.   Senior Vice President and Chief Economist of California Association of Realtors Leslie Appleton-Young and Deputy Chief Economist Jordon Levine provided a housing […]

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Selling your home doesn′t just mean hiring a realtor to stick a sign out front. There are a lot of preparations you should make to ensure you get the best offer possible in the shortest time. Repair. Just because you’ve gotten used to the cracks in the walls and the rattles in the radiators doesn’t […]

The real estate market in cities like Los Angeles have recovered from the 2008 collapse; however, former NBA standout Gilbert Arenas listed his L.A. home for the price the purchased the property for in 2007. Forbes reported that Arenas blames Beverly Management for mismanaging millions of dollars, which further supports the theory some sports analysis […]

This measure, if passed by voters on March 7th, will in essence, curtail development in the city of Los Angeles for two years, by placing land use restrictions on projects, where developers currently utilize General Plan amendments that adjust planning criteria. The measure calls for a community plan that includes a large number of studies […]