energy efficient

edited by Jodi Summers Americans’ energy-conservation efforts -from switching bulbs to upgrading washing machines and air conditioners – have done more to reduce carbon emissions than the increased use of solar, wind and natural gas. Wait, this gets easier folks…metrics pouring in from utility and power grid managers in the U.S. are concluding that the […]

la-five-tallest-buildings-in-los-angeles-1 - U.S. Bank Tower

edited by Jodi Summers Looking at Forbes’ billionaire statistics country-by-country, you’ll be satisfied to know that the United States boasts 29 real estate billionaires > more than any other individual nation. China has the second highest number of the property-rich at 21, followed closely by Hong Kong, with 18 real estate billionaires. We siphoned through […]

money-into-property

by Jodi Summers Capital Expenditures and Operating Expenditures are accounted differently. Capital Expenditures are one-shot improvements that are recouped over time. Routine Repairs is regular maintenance done to a property, which are paid for out of the annual operating expenditures budget. Let’s look at each in more details… CAPITAL EXPENDITURES Capital Expenditures are generally defined […]

freeze rent control 1978

by Jodi Summers Didja hear? The general adjustment in Santa Monica was .4%. That means, all landlords with rent control properties in the city by the sea can raise their rents 4¢ for every $10.00 in rent…meaning a rent rate of $1,500 goes to $1,506. Not bad if you’re a tenant, reason to buy elsewhere […]

New Multifamily Construction

by Jodi Summers Here are some statistics that don’t make Los Angeles proud…our City of the Angels has got the biggest disconnect between incomes and rents of anywhere in the country. Granted, we’ve made an effort. Between 1980 and 2010, Los Angeles County built the most out of any California county in the years. Despite […]