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Renting vs Owning: The Pros and Cons
Renting vs Owning: The Pros and Cons Tenants come and go, that's a fact of the rental property business. As a landlord it's your job to do everything you can to ensure that your tenants remain in your units for as long as possible, otherwise you're not generating any revenue. One of the reasons that many tenants decide to leave a rental property is because they have decided to buy a home. It's a dream that many of us aspire towards and shifts in the housing market can make that dream a reality...
The Path To Exceptional Property Management
Forbes Article: https://www.forbes.com/sites/forbesbusinesscouncil/2022/01/21/the-path-to-exceptional-property-management/?sh=23428d277db1 BY ARI CHAZANAS Jan 21, 2022,09:00am EST There has never been a more challenging time to attract and retain good tenants, so it makes sense to re-evaluate the way we do things in order to avoid the dreaded “business as usual” complacency that can hinder progress in this industry. Overall, a changing marketplace demands a requisite response to keep both...
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...
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...
Cambios que podríamos esperar una vez que finalice la moratoria de desalojo
Cambios que podríamos esperar una vez que finalice la moratoria de desalojo Por Ari Chazanas, fundador y director ejecutivo de Lotus West Properties Durante la pandemia de coronavirus, nos hemos enfrentado a numerosos desafíos. Uno de ellos son las moratorias de desalojo, que es una autorización legal para que los inquilinos comerciales y residenciales endeudados pospongan sus pagos de alquiler a los propietarios. Los inquilinos pueden desear extender la moratoria de desalojo y los...
California detiene los desalojos hasta junio. Qué significa esto para inquilinos y propietarios
Ari Chazanas, presidente de Lotus West Properties apareció en una entrevista en Press Play con Madeleine Brand en KCRW discutiendo la nueva moratoria de desalojo de California. Lea el artículo de Danielle Chiriguayo y Amy Ta. California detiene los desalojos hasta junio. Qué significa esto para los inquilinos y propietarios Escrito por Danielle Chiriguayo y Amy Ta, producido por Bennett Purser Ene. 29 de 2021 Hoy, el gobernador Gavin Newsom promulgó la ley una extensión de la moratoria de...
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....