There is no right or wrong answer. However, you need to know your tenancy. Older or long standing tenants like to get to know management/ owner before being approached with a buyout. I had some units I was working on buying out. The Owners wanted to buyout tenants right away because they wanted to start work on the property. I sent out the offers and did my follow ups. One of the tenants emailed back explaining how she had lived there a long time and did not know who the new

The trend of local jurisdictions adopting rent control and just cause eviction restrictions has brought with it the trend of adopting Cash for Keys/ Tenant Buyout regulations. Not surprising, many of the newer jurisdictions have near identical ordinances, but are slightly different between themselves. The jurisdictions in Los Angeles County that have tenant buyout regulations are: Los Angeles City Los Angeles County (Unincorporated) Bell Gardens Cudahy Maywood Pasadena Culver

In light of the multiple jurisdictions with Just Cause eviction ordinances, property owners are finding it incredibly difficult to even owner occupy tenant occupied single family residences, or otherwise non- rent controlled residential properties. To owner occupy a rental the owner has to consider the following: What are the requirements? To owner occupy the property a lot of jurisdictions require that owners file paperwork, pay the tenant relocation payments in the require

A year after the Los Angeles wildfires displaced many property owners, while some have relocated, others still look to move back into their rentals. In theory, that sounds very doable, however, there are strong tenant protections in most if not all parts of Los Angeles. Here are some frequently asked questions that may assist you in understanding the process to owner occupy. What are restrictions to owner occupy a property? There are several overlapping laws when it comes to