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What can go wrong with an apartment building

Anyone who tells you that any investment is risk free is full of ish. People thought government bonds in Europe were risk free and look where that got them. In order to make sure you don’t think I am full of ish, here’s a list of the things I can imagine going wrong with an

Rules of Thumb for Los Angeles Apartment Buildings

Get this through your head: Every apartment building is different. Even literally identical buildings differ because they are by definition located on different pieces of land. That being said, there are some simple rules of thumb for quickly coming to grips with the numbers behind a building: Cap rates in Los Angeles currently range from

Is Echo Park 24% better than Highland Park?

Landlords must think so. After all… A 1 bed / 1 bath apartment in Echo Park rents for $1,150, compared to $925 in Highland Park. That means EP comes in 24% higher, even though in Highland Park you almost always get parking and in EP, you almost never do. Here are the other highlights of

Open Challenge to East Hollywood Landlords

Guess what we get for one bedrooms with no parking on Westmoreland in East Hollywood. Give up? $1,500 / month. Here is an ad for the 2 bedroom unit that we have on the market now. We’re asking $2,000 and we’ll definitely get it. [Edit: We got it.] On a per square foot basis, those rents

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