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Dirt on Income Property

In the beginning of the year I wrote about Santa Monica having the most expensive rent in the nation. The demand for rentals continues to rise and available rentals, especially units priced less than $5,000 are leasing very quickly. The Los Angeles Times wrote about a study done by Zillow that a 5% rental price increase could cause a spike in homelessness if more… Continue Reading Dirt on Income Property

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The Santa Monica Dirt on Rents

A report that was published back in January from Apartment Guide indicates Santa Monica has the highest rents in the entire Country. 29 Cities in California rank the highest out of 50 across the Nation. On a National level, rental prices are on the decline, in New York for example rental prices have decreased slightly. Not the case here as local rents are getting… Continue Reading The Santa Monica Dirt on Rents

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