The Basics of the LA Rent Stabilization Ordinance

Los Angeles buildings constructed prior to 1978 are subject to the Rent Stabilization Ordinance (RSO), which places stricter regulations on rent payment amounts and evictions. According to the RSO, rents can be increased only one time per year, and by only 3% at a time. Additionally, for tenants residing in the same housing unit for … More The Basics of the LA Rent Stabilization Ordinance

Questions to Ask Before Hiring a Property Manager

When it comes to managing your investment property, who can you trust? After all, your property and your money are at stake. For apartment building owners, having a great property manager is crucial to protect your investment – and avoid some nasty headaches. Every investor will have their own specific needs from their PM, but here … More Questions to Ask Before Hiring a Property Manager