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Atwater Village Rent Survey – June 2012

Continuing our look at Eastside rents… As usual, we looked at ads posted on Craigslist for apartments within the boundaries of Atwater Village as defined by the LA Times neighborhood mapping project. A few things to note: These are asking rents; you could potentially negotiate them down This particular survey took place towards the end

Questions?

I’d like to try something new: Asking for your questions. If you have a question about apartment buildings, either in LA or more generally, please either: Put it in the comments below, or (If you’re shy) email it to me at: moses [at] betterdwellings [dot] com At some point in the next few weeks, I’ll

Should you hold real estate in an LLC?

Lots of buyers ask me about holding properties within an entity like an LLC, instead of in their own names. I’ll share the advice I give them with you, but only if you promise to remember that I am not a lawyer and this is not legal advice. First, let’s be clear about why someone

All about earthquake insurance

Potential apartment building owners occasionally ask me about earthquake insurance, which is not included in a standard property insurance plan. It’s kind of scary for owners with commercial mortgages, because recourse loans require you to pay up, even in the event of the building being seriously damaged or destroyed.   I’ve never bought EQ coverage

Why you get the rents buttoned-up BEFORE listing a property

Recently, I closed on a deal where the seller inflated the rents in the marketing materials. It was an unpleasant experience for everyone involved, including the buyer, seller, agents and tenants. Here’s what happened: One of the tenants had applied to the landlord for permission to move a new occupant into his unit. Per LA

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