Our Blog

15 Simple Ways To Tie A Social Mission To Your E-Commerce Business

Forbes Article:  15 Simple Ways To Tie A Social Mission To Your E-Commerce Business (forbes.com)   Today's customers want the companies they buy from to make a difference in the world. Tying social causes into business goals has become an increasingly common practice, especially as the events of the past two years have unfolded. E-commerce businesses, especially smaller or newer ones, may be unsure of where to start when it comes to integrating social causes into their daily operations....

How to Scale Down Turnaround Time on Vacancies

Vacancies are never a good thing because it means you are not generating income on your property. If a tenant has decided to vacate the premises, and hopefully given you adequate advance notice, your top priority is finding a new renter as quickly as possible. That means taking a proactive approach to preparing the unit, marketing your property, and identifying the next tenant in a short period of time. The longer your property remains vacant, the more it can impact your bottom line over the...

Smart Solutions for Avoiding Long Term Vacancies

It's a new year, we're still in the midst of a pandemic that threatens to take us backward instead of forward in our progress towards normalcy. So it's more critical than ever to ensure that all of your units are occupied to keep revenue coming in with some level of consistency. In the current marketplace, vacancies are even more expensive than usual. Many property owners and landlords are still reeling from the imposed health mandates and government bans on evictions that marked much of 2021....

Even in a hot market, L.A. won’t allow rent hikes for most tenants until 2023

LA Times Article: https://www.latimes.com/homeless-housing/story/2022-01-03/even-in-hot-market-most-l-a-tenants-wont-face-rent-increases-for-at-least-another-year BY LIAM DILLONSTAFF WRITER JAN. 3, 2022 5 AM PT After seven months of a global pandemic spent in a cramped one-bedroom apartment, Jacob Guardado and his roommate decided to make a move. They found a Studio City two-bedroom in October 2020 for $1,975 a month — a few hundred dollars more than what they had been paying. When the lease...

How Eliminating 1031 Exchanges Could Affect Property Owners And Tenants

Ari Chazanas Forbes Councils Member Forbes Business Council COUNCIL POST| Membership (Fee-Based) Small Business Forbes Article: https://www.forbes.com/sites/forbesbusinesscouncil/2021/12/28/how-eliminating-1031-exchanges-could-affect-property-owners-and-tenants/?utm_content=192661657&utm_medium=social&utm_source=linkedin&hss_channel=lcp-27064223&sh=614baf32516a Ari Chazanas is the Founder and CEO of Lotus West Properties, a property management and investment firm based in West Los Angeles....

Changes We Might Expect Once the Eviction Moratorium Ends

Changes We Might Expect Once the Eviction Moratorium Ends      By Ari Chazanas, Founder and Chief Executive Officer, Lotus West Properties During the Coronavirus Pandemic, we have been faced with numerous challenges. One of them is the eviction moratoriums, which is legal authorization for indebted commercial and residential renters to postpone their rent payments to landlords. Tenants may wish to extend the eviction moratorium and landlords wish that it may soon end. At this time, we...

California halts evictions until June. What this means for renters and landlords

Ari Chazanas, president of Lotus West Properties was featured in an interview on Press Play with Madeleine Brand on KCRW discussing the new California eviction moratorium. Read the article by Danielle Chiriguayo and Amy Ta. California halts evictions until June. What this means for renters and landlords Written by Danielle Chiriguayo and Amy Ta, produced by Bennett Purser Jan. 29, 2021 Today Governor Gavin Newsom signed into law an extension of California’s eviction moratorium through June....

At The Epicenter: How Property Managers Are Weathering COVID’s Many Challenges

By: Patrick Sisson, Bisnow Select Leaders  In the past year, everyone has become fluent in debates around wearing a mask, indoor exposure, ventilation and the infection risks of the coronavirus. But unlike many of their commercial real estate peers, property managers, especially those working residential properties, have found themselves on the front lines of this dangerous pandemic, which has radically changed their workplace, workloads, and health and financial prospects. “People are working...

Got Needy Tenants? Be Sure YOU Set Boundaries

By Ari Chazanas, Founder and Chief Executive Officer, Lotus West Properties Landlords have a great deal on their “plate” such as managing their property, handling accounting, and responding to the plethora of maintenance and repair requests.  Accordingly, it comes to no surprise that landlords are often stressed and short on time. One of the most time-demanding scenarios involves tenant relations. When work with their tenants, property managers and landlords must first and foremost be educated...