Costa Hawkins Repeal

[Mattaniah Yip]

My husband and I own a non RSO duplex in LA. We were looking to buy another multi family  this year. But with just learning that Costa Hawkins will likely be repealed in November, we are holding off to see what the outcome is.  

Curious, what are other landlords are doing with the likelihood of Costa Hawkins being repealed. Please share your thoughts. 

Here is an article I came across today featured in the Wall Street Journal.

https://www.wsj.com/articles/california-apartment-landlords-dump-properties-ahead-of-rent-control-vote-1526404269

[Mattaniah Yip]

I hope to be one of those savvy investors! lol. My husband's uncle owns 100's of units in A plus areas in LA.  I asked his opinion-he just says he is going to wait and see.