Gen Z Pushes for Landlords To Report Rent Payments to Credit Rating Bureaus

Dec 3, 2022

According to a recent study by TransUnion, renters in their 20s and 30s want their landlords to report rent payments to the major credit bureaus. The main reason: Gen Z renters wish to build their credit health faster. Rent reporting has a positive impact on the industry in general. There are plenty of benefits to landlords—not just tenants—of reporting rent to TransUnion, Experian, or Equifax. For example, landlords who report rent payments to credit reporting agencies find that tenant ...read more

Previous 49ers trainer Jim Harbaugh sells Bay Area estate for $11.78 million

Dec 3, 2022

Jim Harbaugh hasn’t coached the 49ers since 2014, but he’s still wrapping up business in the Bay Area. Records show he just sold his home in the affluent enclave of Atherton for $11.78 million. Harbaugh, who played football at nearby Palo Alto High School in the 1980s, nearly doubled his money on the property. He paid $6.3 million for it in 2012 following the first of his four seasons as head coach of the 49ers before joining the Michigan Wolverines in 2014. He has been shopping the home ...read more

Adam Levine offers Pacific Palisades estate for $51 million

Dec 3, 2022

Maroon 5 frontman Adam Levine quickly found a buyer in Pacific Palisades, selling his prized compound for $51 million. It’s Southern California’s third-priciest home sale so far this year and one of the biggest deals ever in the coastal community. Levine and his wife, model Behati Prinsloo, bought the park-like estate from Ben Affleck and Jennifer Garner for $31.95 million in 2018 — so the sale marks a huge profit for the power couple. Over the years, other high-profile owners include ...read more

Is The Real estate Market Ready To Collapse? What Financiers Required to Know

Oct 29, 2022

It seems like every media outlet, and perhaps every person on Earth, is debating if the housing market is going to crash soon. While the truth is that no one really knows what’s going to happen, we can examine data and attempt to determine what is most likely to happen.  Personally, I don’t believe a market crash (which I define as a price decline of 10% or more) is the most likely scenario as of now. I think the more likely outcome over the coming years is a significant moderation of ...read more

Caution: The Decline of Real Estate Professionals Could Crash the Market

Dec 3, 2022

The year was 1999. An exclusive group of multi-billionaires gathered in Sun Valley, Idaho, just like they do every year. As usual, no reporters were allowed within miles of their gathering. This was a safe place for the wealthiest Americans to freely share ideas, strategize, and break from the rigors and pressures they faced the other 51 weeks in 1999. But something was different this year. People were whispering about one of their most revered members. “Do you think he’s senile? He is alm ...read more

'Yellowstone' starlet Barret Swatek aims for $99.5 million in Malibu

Dec 3, 2022

Malibu’s latest trophy home just surfaced for sale on a bluff above El Sol County Beach. The coastal estate is owned by “Yellowstone” actress Barret Swatek and retired hedge-fund manager Adam Weiss, who are shopping it around for $99.5 million. That’s more than double the $45 million they paid for the property in 2018, records show. At $99.5 million, it’s the sixth-priciest home currently on the market in Los Angeles County and the second-priciest in Malibu. Weiss and Swatek, who al ...read more

The Pros and Cons of Leasing to Animal Owners-- And Also an Animal Screening List

Dec 3, 2022

At some point, every property owner or landlord will consider the question: “Should I rent to pet owners?” There are both advantages and disadvantages to allowing pets in a rental unit. Many landlords who allow pets find that the pet owners are generally responsible and are willing to pay more to rent a pet-friendly property. However, letting your tenant’s furry, four-legged friend in the apartment can result in foul odors, excessive noise, and property damage—so it’s wise to know w ...read more

Getty, Bradbury, Marmont, Lummis: Individuals behind the well-known L.A. buildings

Dec 3, 2022

Happy Lummis Day, L.A.! What? You haven’t planned your party yet? Never mind; the city has. Over two decades, L.A., with the help of a foundation and sponsors, has celebrated the life and work of a man who remains a standout figure in a city overrun by them. Charles Lummis was a passionate convert to the life and culture of Southern California and one of its most fabulous founding characters. “I am Lummis! I’m the West!” he exulted. In 1884, he perambulated more than 3,000 miles fr ...read more

$1-million milestone: Orange County average house cost hits 7 numbers

Dec 3, 2022

The median home price in Orange County reached $1 million last month, becoming the first Southern California county to ever hit that pricey mark and underscoring just how expensive the region has become. The threshold was crossed when the Orange County median sales price for new and existing houses, condos and townhomes rose from $985,000 in February to $1,020,000 in March, according to data released this week by researcher DQNews. It constitutes a 22% jump in median price from a year prior. ...read more

Why Landlords Ought To Never Ever Use Venmo or PayPal To Gather Lease

Dec 3, 2022

Technological advancements impact the way we exchange goods and services. eCommerce has consistently driven the need for mobile wallets while helping to reduce the need for paper checks or cash.  Apps like Venmo and PayPal have upscaled the usability of mobile wallets by making peer-to-peer money transfers convenient and easy to use. As a result, they’re an excellent fit for paying money to family and friends or paying bills online. But what about using Venmo or PayPal for collecting r ...read more