Results for ‘How to’ category

Why we’re in emerging neighborhoods

Found myself talking about neighborhoods with a new agent of ours yesterday. We were discussing why our deals (both the ones we do for ourselves and the ones we broker) tend to be grouped in a few main areas, none of which are the Westside, Hollywood, or Miracle Mile. It’s not that we dislike working

A small problem with putting solar on your roof

There’s a slight problem with putting a solar system on your roof: You may be radically reducing the value of your property. Now, this doesn’t go for all homes. It’s specifically the case with home in cities where the zoning allows for denser development. So, for example, consider an old 800 sq ft single family home

Why I don’t talk about cap rates

About 10 times a week, people ask me what kind of cap rates I expect from our deals. In my answers, I strongly resist using the term cap rate, to the point that people think I’m a little strange. This is kind of weird, right? Any book you read about investment property is going to

All about earthquake shut-off valves in Los Angeles

Was at an inspection yesterday and got an interesting question from the listing broker, which I think deserves an answer here. The building in question, which was built in the late 1980s, had one earthquake shut-off valve installed on each bank of gas meters. For those who don’t know, an earthquake shut-off valve is a

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