LA vs Airbnb
Los Angeles Cracks Down On Short-Term Vacation Rentals Los Angeles city officials are proposing new rules as they contend with a housing shortage that activists blame partly on businesses that convert large swaths of apartments into short-term rentals, which can net more money per night. The proposed plan would empower Los Angeles to fine […]
Tax Benefits of Income Property
Income properties have many financial advantages, including some tax benefits. Learn how to take advantage of tax laws for income property ownership. One advantage of investing in real estate is the tax benefits. People considering the purchase of real property must examine the tax benefits and burdens of their purchase. Many times, the […]
What Millennials Want
Millennials are influencing the marketplace, prioritizing integrated technology and storage solutions in modern home design. The next generation of homeowners wants smart, stylish homes that enable them to connect with friends and family. Millennials will lead the way in adopting new technology — making features like the ability to preheat an oven or […]
The Evolution of Houses
My, how houses have changed! Everything changes over the years to reflect consumer’s taste and improvements in technologies, and the housing industry is no exception. Taking a look back at the evolution of housing from the 1950s to today, we can see the changes in homebuyer’s priorities and lifestyle. A new interactive […]
Understanding Easements
An easement can affect the value of a property. If your property is subject to an easement, it is important to understand the type of easement in place to know how it will affect the use, control, or profitability of your property. Easements An easement is the right to enter or use someone […]
California’s Solar Initiative
California Makes Solar Power Easy! What better place to take advantage of the sun’s rays then sunny California? The state has been at the forefront of new and sustainable energy initiatives, with solar power being one of the most popular and widely accessible alternative energy solutions. Homebuyers and even renters are enticed by “green” amenities, […]
Understanding Tax Proration
Property taxes are paid current when a property is sold. Find out how to calculate tax proration at the close of escrow. Closing costs for the sale of real property will include property tax proration. The purpose of a proration in a sale escrow is to fairly divide property expenses – such as taxes […]
Understanding the California Residential Purchase Agreement & Joint Escrow Instructions
Learn how to read and negotiate the terms of the standard California Residential Purchase Agreement when buying or selling real estate. The transfer of real estate is a legal process with loads of paperwork, often written in legalese. While the interpretation can seem daunting for those new to the marketplace, the standard California […]
Calculating ROI
Real estate investors use the return on investment equation to evaluate the profitability of real estate investments. What is ROI? Return on investment (ROI) is an accounting term that indicates the percentage of invested money returned to an investor after the deduction of associated costs. Investors use ROI as a measurement to estimate and evaluate […]
13 Hottest California Real Estate Markets
Everyone loves California! Here are the statistics to prove it. Spring is upon us! As the temperatures are steadily rising, so too are the nation’s hottest real estate markets. It should be no surprise for our fellow Californians that California is dominating the housing market yet again. Preliminary data for the month of March […]
