LA Rental Rights

LA Rental Rights

    Los Angeles, along with several other densely-populated California communities, have been facing a housing crisis, particularly due to lack of affordable rental units.  Over 1,000 rent controlled units were removed from the Los Angeles market in 2015, displacing thousands of residents.  In response to the crisis, Mayor Eric Garcetti, along with the Los Angeles Housing and Community Development Department (HCIDLA), has launched a new campaign called, “Home for Renters,” to help renters better understand their rights as tenants.   Los Angeles County has the highest rate of renters in the nation; roughly 52% of Angelenos rent their homes. ...Read more
Calculating ROI

Calculating ROI

Real estate investors use the return on investment equation to evaluate the profitability of real estate investments.   What is ROI? Return on investment (ROI) is an accounting term that indicates the percentage of invested money returned to an investor after the deduction of associated costs.  Investors use ROI as a measurement to estimate and evaluate the performance of an investment or to compare the performance of a number of different investments. There are a couple different ways to calculate the ROI of a real estate investment, depending on the type of investment and other factors at play.   The examples...Read more
What is Rent Control?

What is Rent Control?

Learn about how rent control affects the landlord-tenant relationship. If you live in a major metropolitan area in California, chances are you have run into the term “rent control”.  The west coast has long been a popular relocation locale and California metropolitan areas are growing at staggering rates.  California has seen an incredible population and development increase in recent years.  While these increases can mean big gains for big businesses, it is often at the expense of middle income and low income renters. Companies like Air BnB have put additional pressure on the rental market as investors are taking properties...Read more