Boot leg units

These have always been a pain to investors.  Should  we deal with the city and hope they don’t make you rip the whole thing down? Or should you just stay quiet. It’s a crapshoot. You really don’t know what to expect.  Many people – not just investors- turn their...

L.A. Stiffens rent control rules

L.A. Times article. “Los Angeles lawmakers voted Wednesday to stiffen city rules about the demolition of rent-controlled apartments, But business groups have challenged whether the plan is fair — and whether it will stand up in court. Under a California law called the...

Construction does not pay like it used to

In the span of a few decades, Los Angeles area construction went from an industry that was two-thirds white, and largely unionized, to one that is overwhelmingly Latino, mostly nonunion and heavily reliant on immigrants, according to a Los Angeles Times review of...

5 Ways to find deals in today’s market

These are the only methods that work today. It’s tough out there. Lots of competition. Here is what works. Ignore the mls. There is such a shortage of properties that anything that makes the mls will be overbid by novice investors. Door knock notice of trustee sales,-...