9 am to 6 pm

Monday to Friday

1221 S Hacienda Blvd

Hacienda Heights, CA 91745

1 626 427 0786


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– Good News –
95% of Rents Collected Through July

– Bad News –
Rental Rates Have Fallen by as Much as 11% in Parts of LA County

In our 2nd segment of our interview with CoStar Group we discuss the sudden fall in asking rental rates, why landlords are starting to offer concessions (i.e. free rent) for the first time since 2010, and where tenants are migrating since the pandemic. Should one of your units become vacant in the coming days, strategy is key to obtaining the most aggressive rent possible, while at the same time being cautious not to give the unit away as you will have to tackle rent control restrictions going forward. WATCH NOW!

(If you missed the 1st installment of our interview click here.)

CoStar is the leading authority when it comes to Multi-Family market analytics in the nation as they track 5,100,000 data points, and 6,000,000 properties on a daily basis. In other words, there is no better source of tracking the market if you own apartments!

Whether you plan to buy, sell, or hold, you need factual information and not emotion to navigate this market.
WATCH NOW as Steve and I discuss those items affecting CA Real Estate values, and what you should be aware of as you contemplate your next real estate transaction.

Let’s face it, in light of recent events life has changed as a Landlord.
Bottom Line –  As Landlords, we need to know how to deal with the crisis at hand, design a game plan to mitigate our losses, and prepare for the opportunities that exist in the days ahead!