Property Management News
The Los Angeles City Council on Tuesday approved a law that will require hosts of short-term rentals, including Airbnbs, and hotels to obtain a police permit. City Council President Paul Krekorian and other backers of the proposal said the permit requirement will help the city crack down on party houses and properties that draw illicit behavior. More broadly, it will create a new regulatory hurdle for short-term rental and hotel operators, allowing the City Council and neighborhoods to challenge the issuance of the permits. The council voted 14 to 0 in favor of the law. Councilmember Kevin de León was absent. Despite supporting the police permit requirement, some council members... Read more
Investing in a multifamily real estate property is a fantastic investment to generate cash flow, create a real estate portfolio, and create incredible short-term and...
Legally converting the home and the other living unit(s) to a two-unit or three-unit condo, for example, is now on the table. California has reinstated a law that...
Real estate, including land, homes, office and retail buildings, is a popular type of investment for people who like to put their money into assets they can physically...
The Federal Housing Finance Agency (FHFA) set its 2024 combined volume cap for Fannie Mae and Freddie Mac loan purchases at $140 billion, about a 7% decrease from...
In the competitive world of real estate investing, discovering off-market multifamily properties can be a strategic advantage. These properties, often not listed on public platforms, can offer unique opportunities for investors seeking lucrative deals. In this guide, we’ll explore effective strategies for finding off-market multifamily properties and gaining a competitive edge in the market. Network Within the Industry Building a strong network within the real estate industry is invaluable when searching for off-market multifamily properties. Attend local real estate events, seminars, and networking groups. Establish relationships with real estate agents, brokers, property managers,... Read more
In the multifamily sector, the readiness of a unit for showings is more than just a preparatory step; it's a strategic move with far-reaching implications....
When your occupancy is below target, do you respond by changing pricing, offering a special, or increasing your marketing budget? Each is helpful, but they're only...
In an up-and-down economy, these insights can help you market your multifamily properties. Interest rate hikes, inflation, market volatility—with so much up in the...
Are you pondering where to place your hard-earned money? The world of real estate offers a golden treasure: multifamily properties. By the end of this guide, you’ll...
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