renting a home in los angeles: Buying or Renting a Home in Los Angeles? You Don't Have to do it Alone
- 08/08/14 03:57 AM
If you are unrepresented, when you first start looking for a home for sale or rent in Los Angeles, or anywhere else for that matter, you will be faced with so many choices. The search term "buying a home in Los Angeles" will bring you 77 million plus results. If you are more specific, for instance "buying a condo on the Wilshire Corridor", you will be faced with a "mere" 175,000 results.
So what happens next? You find yourself interested in a particular property you find on aggregator sites such as Zillow and Trulia which top the search results list, and … (16 comments)
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renting a home in los angeles: 7 Problems when Looking for a Los Angeles Rental Property
- 06/09/14 03:57 AM
Finding a good rental property in Los Angeles is difficult at the best of times. Inventory, although improving, is still low, rents are rising, and the good homes lease quickly. Some of the following itemsto are going to make finding a good lease more difficult:
Bad credit or no credit. The first thing a landlord is going to want to see from a prospective tenant is their credit history. Anything lower than a score of around 650 is going to be a problem. This is going to be an ongoing problem. What are some ways around this? Work on repairing and/or … (4 comments)
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renting a home in los angeles: To Sell, to Buy, to Rent. Is Your Head Spinning Yet?
- 06/05/14 03:37 AM
It's a strange phase in the Los Angeles real estate cycle right now, and as in any economic cycle there are winners and losers. So who are the biggest winners right now?
Landlords/Investors After the recession homeowners who were forced to sell are still unable to get back into the housing market, either because of credit issues or because they are being priced out of the market by the competition. There is a shortage of inventory, and there are many cash buyers with deep pockets swooping in, especially in the single family housing market. Investors make up a large portion of … (41 comments)
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renting a home in los angeles: L.A. Home Buyers and Renters Appreciate your Realtor®buying a
- 05/22/14 03:41 AM
There are good and bad eggs in every basket, so I wonder why the services of the real estate agent, especially when it comes to home buyers and renters, is often taken for granted and under-appreciated.
Where else do you get the kind of services we offer and the results we provide at no cost to you? Yes of course agents get paid by the seller (or landlord) and quite well depending on the area we cover and properties we sell, but we often end up spending our time, gas and energy for no compensation and many times not even a … (6 comments)
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renting a home in los angeles: To Buy or Not to Buy That is The Question
- 09/29/13 03:00 AM
Los Angeles is not an inexpensive place to live, and not a place where you can easily say it makes more sense to buy than rent. However, I often get people who are considering renting a home in Los Angeles and end up buying because it does make more sense.
Because rents are so high in Los Angeles we are talking about people looking for rentals around the $3,000 and up mark. At $3,000 a month you are throwing away $36,000 a year paying someone else’s mortgage, and at this level it makes sense to talk to an accountant and/or a lender to … (32 comments)
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renting a home in los angeles: How Should You Price Your Los Angeles Home For Rent?
- 09/20/13 04:43 AM
You are thinking of renting out your home in Los Angeles and are not sure how you should price it. This is a little more complicated than if you were selling it.
When you are selling a home in Los Angeles you have a basis from which to work. That would be comparable sales (comps). Your real
estate agent will look at what has sold in the general area of your home. These would be homes of a similar size, features and condition and that is what a buyer is going to be looking at also. It is also what the lender’s appraiser is … (8 comments)
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renting a home in los angeles: Renting a Home in Los Angeles. Sample Lease Agreement
- 08/30/13 12:37 AM
If you are considering renting a home in Los Angeles with the help of a Realtor®, you may not be familiar with what will be required to present to the landlord.
The first think you will be asked to do is fill out an application. Together with this you will most probably be asked to run your own credit report. Sometimes the landlord's agent will ask for funds and will run the credit themselves, but generally you will be allowed to run it.
Three recommended sites on which to run your credit are: freecreditreport.com, creditscore.com/creditreport.com, and annualcreditreport.com. Make sure to run a full report on … (6 comments)
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renting a home in los angeles: Relocating to Los Angeles? Where do you Start?
- 06/20/13 06:34 AM
Are you thinking of relocating to Los Angeles and don't know quite where to start? Do you need help? Someone who knows the area and has helped numerous people like yourself settle in? Here are some things to consider and areas in which I have a lot of experience:
You are going to have to pick an area. This may depend on: Where you are going to be working. What school you would like your child to attend. What kind of housing you can afford whether it be a rental to start - a condo/apartment or a single family home. … (7 comments)
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renting a home in los angeles: Frequently Asked Questions from Los Angeles Home Renters
- 05/07/13 02:44 AM
If you are moving to Los Angeles, or maybe selling your home and moving to a Los Angeles rental, you may not be familiar with the process. So here are answers to some questions you may have.
Q: How do I find a rental property in Los Angeles?
A: There are many ways to find a rental. You can join Westside Rentals, where you pay a small fee, or look at some of the online sites like Craigslist, which will generally show the same properties as Westside Rentals. However, you need to be careful of the scams on Craigslist. But, if you are looking … (11 comments)
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renting a home in los angeles: Los Angeles Homes for Rent. What's the Market Like?
- 03/22/13 11:29 AM
If you are moving to Los Angeles or simply looking for a Los Angeles rental home you will want to know how the rental market is doing. Just like homes for sale, the Los Angeles rental market favors landords. If something good is listed, at the right price, it will go quickly.
So let’s take a look at the trend over the past six months (prices are per month):
Read more: http://www.homejane.com/looking-for-a-los-angeles-rental-home-how-is-the-market.html#ixzz2OJwTeTMJ
… (13 comments)
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renting a home in los angeles: Moving To Los Angeles? Need Help?
- 09/19/12 08:18 AM
Many of the calls I get are from people moving to Los Angeles, from out-of-state or overseas. These people need help above and beyond the usual real estate agent services provided.
You are most certainly going to want to rent before you commit to buying a home in Los Angeles, and you are going to be somewhat overwhelmed by the choices you may or may not have.
We can discuss your options which will depend on your needs. Where are you going to be working? Do you need a specific school or school district? Do you want a specific lifestyle – near restaurants, shops, outdoor-living, … (13 comments)
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renting a home in los angeles: Los Angeles Rentals. How Do You Handle Bad or No Credit?
- 09/11/12 03:01 AM
Los Angeles Rentals with no credit or bad credit? A few of my rental clients are looking for Los Angeles rentals will less than stellar credit or no credit.
The sad part is they often don’t know that their credit will not meet the standards of a prospective landlord and are shocked when they are refused. One hit on your report, a late payment, something about which you may not be aware, can drive your score down, so you need to check your credit report at least once a year.
What is considered good credit? In my experience landlords are looking for mid … (17 comments)
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renting a home in los angeles: 10 Tips for Finding a Los Angeles Rental Home
- 07/31/12 02:13 PM
Are you looking for a Los Angeles home rental? If you have been following the Los Angeles real estate market then you will know that inventory is low. It is the same for Los Angeles rentals also.
Here are some tips for finding a Los Angeles home rental in this competitive market:
If you are looking for a rental under $2,500, use Craigslist, Westside Rentals or drive around and watch for “For Lease” signs. You will get the most choice this way. Over $2,500 it will probably pay to use the services of a Los Angeles Realtor®. This will save you a lot of time and the frustration of trying to coordinate … (21 comments)
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renting a home in los angeles: Looking for a Rental Property in Los Angeles, Try West Hollywood
- 07/01/12 03:28 AM
You are looking for a rental property in Los Angeles and want a more affordable area with a great Walkscore, that would be West Hollywood.
West Hollywood has a Walkscore of 89, which is very good for Los Angeles where people get in the cars to drive 5 blocks.
Some of the attrations of West Hollywood are:
Night life, dining out, art galleries, design centers, spas, fitness, entertainment and much more. West Hollywood truly has it all. Central location. West Hollywood is next to Beverly Hills, a reasonable commute to Downtown L.A. (approximately 11 miles) and about 11 miles to LAX. Looking for a rental property in Los Angeles that is … (13 comments)
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renting a home in los angeles: Looking for a Rental Property in Los Angeles, Try Santa Monica
- 06/23/12 07:25 AM
You are relocating and looking for a rental property in Los Angeles. Try Santa Monica.
Why live in Santa Monica? Here are some reasons:
The Santa Monica-Malibu School District is excellent, and includes Roosevelt Elementary, Franklin Elementary, and Santa Monica High. The air is fresher and the days cooler near the ocean. Restaurants, shopping and entertainment abound: including Third Street Promenade, Main Street, Santa Monica Pier and Montana Avenue. Santa Monica is 10 miles from the Los Angeles International Airport and a fairly easy drive avoiding the freeway. In a car-centric state, Santa Monica has earned a reputation as a bike-friendly city. And it has one of the best bus services … (11 comments)
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renting a home in los angeles: Looking for a Rental Property in Los Angeles, Try Westwood
- 06/22/12 03:36 AM
Looking for a rental property in Los Angeles?
There are many reasons you may be thinking of renting rather than buying at this time:
You are downsizing your home and haven’t decided where you want to live yet. You are moving to Los Angeles and the same as above, haven’t decided where you want to live. Unfortunately, you lost your home to a foreclosure or short sale. You don’t have the down payment to buy a home right now. What are the attractions of Westwood?
Proximity to the ocean, approximately 5.5 miles. This makes for cooler temperatures in the summer. Home of U.C.L.A., perfect … (12 comments)
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renting a home in los angeles: Renting a Home in Los Angeles, The Realtor's Role Explained
- 06/12/12 02:02 AM
I think there is a misconception of how Los Angeles Realtors® handle rentals, so clarification is in order.
Much as we may love what we do as Realtors® we are paid totally on commission. Until a deal is consummated we can run around for weeks, months, or even years with all the expenses and no income. Now don’t get me wrong, in Los Angeles one deal, and by deal I mean sale, can be worth all the hard work involved in making that deal happen. And it is all part of the business.
Who pays a buyers’ agent’s commission? The listing brokerage who has an … (14 comments)
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renting a home in los angeles: Renting a Home in Los Angeles? You Will Need a Credit Report
- 06/07/12 10:12 AM
If you are thinking of renting a home in Los Angeles, you are going to need to provide a credit report.
You can pay a fee for the landlord or his or her agent to run the report for you, but it is much easier for you to run one yourself.
Once a year you can get a free credit report Two of the ones that I like my clients to use are freecreditreport.com and creditscore.com/creditreport.com (one and the same company), which charge $12.95.
You will run a full report, not just get the scores, on all three bureaus which you will be able to email. Also, the … (25 comments)
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renting a home in los angeles: Renting a Home in Los Angeles? Let's Check Out The Market
- 05/22/12 02:38 AM
It is getting tougher and tougher to find a good rental property on the Westside of Los Angeles. The minute something great comes on the market it is gone, at least in a certain price range, and 3 bedroom properties are rare.
The areas I seem to get the most inquiries on are: Westwood (including the Wilshire Corridor), West Hollywood, Beverly Hills and Santa Monica.
So let’s see what the last month’s activity shows in those areas:
Westwood
Out of the 321 listings above only 121 are 3-bedroom units, and of those only 38 are condos.
Los Angeles Homes for Rent
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Buying or Selling … (14 comments)
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renting a home in los angeles: Moving to Los Angeles? How is the Rental Market Right Now?
- 05/05/12 07:57 AM
You are planning on moving to Los Angeles, and are wondering about the rental market.
Well, it is hotter than ever. Prices are rising and properties in good areas are going quickly.
Yesterday I went to the first open of a single family rental in Westwood, and the place was packed.
You probably are not ready to buy before you check out some of the Los Angeles communities, because you are not sure where you will want to end up living. Renting for a year is a good way to find out. And the easiest way for you to narrow down your search is to use a Los … (25 comments)
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If you are unrepresented, when you first start looking for a home for sale or rent in Los Angeles, or anywhere else for that matter, you will be faced with so many choices. The search term "buying a home in Los Angeles" will bring you 77 million plus results. If you are more specific, for instance "buying a condo on the Wilshire Corridor", you will be faced with a "mere" 175,000 results.
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