But since it doesn't go into effect until the home insurance policy is used, it's very inexpensive.I house hacked a duplex in Los Angeles.

Hi my name is Ruben Garcia, any suggestions for a CPA in the Los Angeles area?

That can make or break the value of a condo as it is only as good as the surroundings.For ADUs, generally (at least here in Los Angeles), appraisers are not giving dollar for dollar value.

I'm trying to help out other CA investors (I still think buying locally is better than an inexpensive property OOS where you can't check up on the property)I don't know the Peninsula well but expensive Palo Alto, Los Gatos, Cupertino would be Class A to me.

I worked with people here in Los Angeles that buy and refurbish properties for Tennent In Common or TIC sales and exit strategy.

@Ademola DawoduThe process to evict a tenant from a unit in Los Angeles when you are purchasing a 2-4 unit multifamily property depends on various factors, including the terms of the existing lease agreement, local and state laws, and the reason for eviction.In general, if you plan to occupy the unit yourself, you may be able to use the "owner-move-in" eviction process.

We are big multi-family investors in Los Angeles County pushing almost 900 units.

Part of the problem with Los Angeles/California is we are overregulated when it comes to building, making it impossible to build affordable single family homes.2.

Hi, I'm based in Los Angeles, but looking to invest in out of state multifamily properties.

A LOT of distrress is leading to mergers and firings, in just the last few weeks, this happened: (Big credit to @NewsLambert)Lower to acquire Universal Lending retail and wholesale operations (11/1/23)Trustar Mortgage acquired by Archer Mortgage, LLC (11/1/23)People’s Bank of Commerce to exit residential mortgage lending (10/27/23)BMO Bank cutting 228 jobs in Northern California (10/25/23)Homestar Financial to wind down operations (10/25/23)City National Bank layoffs in Los Angeles total 71 (10/23/23)Hometown Lenders layoffs (10/12/23)First Savings Bank to lay off 135 mortgage workers (10/4/23)Wesley Mortgage absorbs competitor Colten Mortgage (10/4/23)Cenlar to lay off 85 in Ewing, NJ (10/2/23)Rithm Capital to acquire Computershare Mortgage Services Inc. (10/2/23)Wells Fargo cut 525 jobs in South Carolina (9/28/23)Better Mortgage lays off additional employees (9/22/23)The Graystone Company has acquired Direct Mortgage (9/13/23)Flyhomes to purchase certain assets of Home Sale Assured (9/13/23)Divvy Homes to cut 95 jobs in San Francisco (9/11/23)Farmers-Merchants Bank to sell three branches to focus on core mortgage business (9/11/23)It goes on…..The mortgage industry is in a starkly deep recession.And RIP refinances, unless you are holding an even higher interest rate loan (like a construction/bridge loan or hard money, or perhaps you just fixed your credit.