Covina, CA Real Estate Podcast

A great way to invest in ADUs is by using a self-directed IRA. As you may know, my last blog post focused on how the new ADU laws impact you and why it makes sense to invest in ADUs. Since then, I’ve gotten a lot of questions about how to do this. The answer is something quite a few companies offer: self-directed IRAs. Your opportunity zone fund, which is an LLC, will be owned by your self-directed IRA. You, therefore, become the manager of the LLC. So, you simply sell your stock into a

How can stock investors turn their unrealized gains into profit through real estate? Let’s discuss. Many who invest in stocks have found themselves in a favorable position right now, thanks to the general health of our market. That said, if you’ve had a long run-up of gains over the recent months and years, now is the time to lock in that profit. How? Well, one way to do so is by selling your stock and investing in an Opportunity Zone fund. (If you need a refresher on what Opportunity

The state of California recently passed a series of laws regarding the construction of ADUs. Here are the changes you need to know about. On October 9, three laws were passed by the state of California that intend to address the housing crisis by relaxing restrictions on accessory dwelling units (ADUs): Senate Bill 13, Assembly Bill 68, and Assembly Bill 881. Within these three laws, three specific changes were enacted that you need to know. The first is that ADUs don’t have to be

What does AB-1482 (the Tenant Protection Act) mean for landlords in California? Let’s discuss. The Tenant Protection Act (AB-1482) was just signed into California law, and this has many landlords wondering about the implications of this move. There are a couple of key changes to keep in mind. The first is the new 5% annual rent increase cap. This cap does account for local inflation, which is about 3.8% in the Los Angeles area, so the “true” cap is actually closer to 8.8%. So long as your

How did the real estate industry compare to the S&P 500 between 2007 and 2016? Last time, I discussed the last decade of the stock market with a focus on the S&P 500. After getting some great feedback on the topic, today I’ve decided to focus on another decade—the years between 2007 and 2016, aka the Great Recession, when about 5% of all homeowners had their homes foreclosed upon and many lost a fortune in real estate. Here’s the data for Los Angeles County for that turbulent