Key Considerations Before Purchasing a Multi-Unit Rental Property

Buying a rental property in Los Angeles can be a great investment, but requires due diligence first. I’m Eva Kobi, a trial attorney at SNS Law Group, and in this video, we’ll cover key steps every buyer should take before closing. From reviewing city code violations to obtaining tenant estoppel certificates and lease agreements, these details can help you avoid costly surprises.

Contact SNS Law Group today for guidance and make your investment with confidence.

Transcript:

What to do before purchasing a rental property in Los Angeles City? Hi, my name is Eva Kobi, and I’m a trial attorney here at SNS Law Group.

Purchasing a Multi-Unit Rental Property

Are you considering purchasing a multi-unit rental property in Los Angeles City? Here are some pointers to remember before you become the next landlord.

One, make sure that you’re being privy to any and all city code violations. Another point is making sure you obtain all tenant estoppel certificates from the seller. Another point is making sure you get a copy of all the lease agreements with each tenant. This also includes addendums, amendments, and any rent increases.

Those steps can truly assist new landlords after purchasing rental property in Los Angeles City.

Contact SNS Law Group for Guidance When Purchasing Rental Property

Now, if you have any questions about purchasing rental properties in Los Angeles, please give our office a call and we’ll be happy to discuss.