Rental Property in Los Angeles: Things to Think About

So, I bought a rental property in Los Angeles just before the pandemic hit and let me tell you, I was in for a RUDE awakening! From rental increase restrictions, to overly communicative tenants, to difficulty accessing city assistance programs I definitely had a lot on my plate.

Watch this video to find out some of the things I was going through. I have so much to say about this property.

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3 Real Estate Terms You Need to Know

One question I get asked a lot by my clients is about the status change of properties. It can be kind of confusing because there are multiple ways for an agent to change the status from Active once an offer has been accepted.

I go over the differences between Active Under Contract, Pending, and Accepting Backup Offers and how they affect the property’s days on market.

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