Los Angeles has the potential to be very lucrative in the real estate market, but it’s not always easy to navigate. It’s expensive. It’s prone to ever-shifting economic trends and tenant populations and demand. You have to be resilient if you’re planning to invest...
In common language, you’ll often hear people refer to ADUs as granny flats, in-law suites, garage apartments, or backyard cottages. Regardless of the name or the term that’s chosen to describe them, an ADU is either attached to the main home or detached. This can be...
It’s essential to prepare the unit for the next occupant as quickly and cost-effectively as possible. Every turnover process involves thorough cleaning and necessary repairs, both of which can be time-consuming and costly if they’re not managed correctly. This will...
Rental property owners who have a multi-family building with two or more units might find themselves dealing with the Rent Escrow Account Program (REAP). That’s not a place you want to be. When your property is referred and placed into the REAP program, it’s because...
If you own a local rental property in LA, you are already aware that this market is competitive, expensive, and always changing. There are a lot of excellent ways to make money with your rental property. Maybe it’s occupied by a long-term tenant and you’re enjoying...
