After much discussion between the public and the City Council, more restrictive single family building codes are coming in March.  It includes a variety of regulations but here are some of the big ones (related to homes in the flats): Interior living space can only be built up to 45% of the lot size. Up […]
Clients ask me all of the time, “how safe is this neighborhood?”  The City of Los Angeles has 209 neighborhoods, and even has sub-neighborhoods within those areas.  Unfortunately, in most cases, safety is subjective.  What may feel safe to one person may not to another.  That is why, with my clients, I go over the following […]
  Some buyers are looking for the quick return.  Sometimes it happens, but you can’t count on it.  Real estate is a long term play that has historically produced wealth for most participants.  This is especially true when comparing it to renting.  Keep in mind everyone needs a roof over their head.  And in most […]
Interviews: In the Written Press:
When you are thinking about selling your home and want the maximum net price, strategy matched to current market conditions is key.  Setting the initial price of your home can be based on recent comparable sold properties, a stretch price, or pricing it lower than comparables to  create a controlled auction and bid the home […]
According to Mic.com, the students graduated in 2015 have the most student loan debt in history!  This is a serious problem for many obvious reasons.  But let’s talk how this affects real estate. The first is the down payment.  For most conventional loans, you are going to have to pay a down payment upfront.  That […]
When it comes to residential real estate, people love to overthink it.  What makes real estate fun, exciting, and wealth building is you can get creative to accomplish our goals.  Check out my articles that not only talk about what is going on in the industry, but tips on making it work is this crazy […]
Once in a while people discuss selling a home without an Agent.  These are called FSBO (For Sale By Owner) Listings.  Some people choose to go this route because they think they can save on the commission and do everything themselves.  Now although saving money sounds great, by trying to list it yourself may cost […]
When you are in the process of buying a home, there is a period of time when you and your agent have the home inspected. The purpose of this is to make sure everything is up to your standards and if not, you can either ask the Seller to repair the items or request money […]
Rick Albert (DRE#01884303) is a proud member of LAMERICA Real Estate (DRE#01860093) as the Director of Business Development, Real Estate Consultant and Broker Associate. Real Estate is an interesting industry that can be confusing and nerve racking.  Often times people are left lost, confused, and frustrated.  My team gets it, and we have best practices […]

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