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SoCal Apartment Renovation – Flip or Flop 2022 – Episode 1

SoCal Apartment Renovation – Flip or Flop 2022 – Episode 1

In a rent-controlled world, how do you collect above-market rental rates when there is a Rent Cap in place? The truth is, you can’t…unless you vacate a unit legally by completing “substantial improvements.” How do you determine if a unit warrants substantial improvement? We will discuss that very question over the course of these videos. 

In this Week’s Video, I walk you through the beginning stages of my most recent remodel project. This project started just prior to the Pandemic, and that made the process that much more interesting. 

Apartment Values & Increasing Interest Rates

Apartment Values & Increasing Interest Rates

The cities of Pomona and Bell Gardens have just passed their individual versions of rent control! Now before you dismiss this video because you don’t own in either of these two cities, my question to you is this, what happens when the city you do own in chooses to pass its own version of rent control?