Did you know that RUBS (Ratio Utility Billing Systems) is illegal in West Hollywood? According to West Hollywood Municipal Code section 17.32.100, property owners cannot charge tenants separately for utilities using RUBS. This regulation protects tenants from unfair utility billing practices and ensures a standardized approach to housing costs. Understanding RUBS and…
Read MoreCalifornia voters will soon decide on a crucial bill that could repeal the recently enacted ULA (United to House L.A.) measure, commonly known as the “Mansion Tax.” This tax imposes a 4% to 5.5% levy on property sales exceeding $5 million, aiming to fund affordable housingand homeless prevention initiatives in Los Angeles….
Read MoreIn this episode of “Landlords & Tenants,” Niv Davidovich speaks with Mark Weinstein, Founder and President of MJW Investments. Mark established MJW Investments in 1983 with the purchase of a single, five-unit property. Through strategic investment decisions, MJW Investments grew into a full-service, vertically-integrated real estate company encompassing a wide range of…
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