Posts Tagged ‘rent’
Rent or Buy? The Real Tradeoff Most People Don’t Talk About
You’ve probably asked yourself lately: Is it even worth trying to buy a home right now? It’s a question a lot of people are asking. With today’s home prices and mortgage rates, renting can feel like the easier path. In some cases, it mig...
Tiny ADU houses young adult children struggling to pay rent in L.A.
When Tina LaMonica and Warren Wellen purchased their South Pasadena Craftsman home in 2001, the one-car garage dated back to 1917, a time when people parked their narrow Ford Model T cars inside garages like this one.“We bought it for $650,0...
Stefan Soloviev Sets a New Manhattan Office Rent Benchmark
Manhattan’s office market just notched a new benchmark…and a sharper dividing line.A lease signed by Stefan Soloviev’s firm at 9 West 57th Street hit $327.50 per square foot, a record for office rents in the borough. The deal, for slightl...
Contributor: Rent algorithms aren’t the issue. California just needs more housing
The cost and availability of housing remain among the most pressing concerns for Californians navigating economic uncertainty. Yet some Golden State cities are channeling energy into a policy experiment that risks making the housing affordabil...
17 Features That Make a Home Easier to Rent Out
Successfully renting out a home often comes down to having the right features—ones that make the space functional, appealing, and easy for today’s renters to say yes to. Renting out a home successfully isn’t just about setting t...
May an owner of residential rental property use a rent control exception for new housing when the property was previously used as military housing and the owner is the first to receive a certificate of occupancy for the property?
https://journal.firsttuesday.us/wp-content/uploads/Audio_CP_VI_Admirals_Cove_LLC_v_City_of_Alameda.mp3Facts: An owner of a multi-unit residential property conducts extensive repairs to the units which were originally military housing not avai...
In historic vote, L.A. caps rent increases for rent-stabilized apartments at 4%
Los Angeles strengthened its rent stabilization law for the first time in 40 years Wednesday, setting a 4% ceiling on annual rent increases for a massive portion of the city’s housing stock. The historic vote by the L.A. City Council will he...
May a homeowner in a Chapter 13 bankruptcy plan cram down the principal balance on a short-term second mortgage encumbering their primary residence and include rent from a rent-a-room tenant as income to support the new mortgage payments?
Facts: The owner of their principal residence encumbered by a short term second mortgage and a rent-a-room tenant paying rent under a leasing agreement files a petition for Chapter 13 bankruptcy protection. The property value is insufficient to...
