LA city banning no fault evictions

If you’re looking to buy a value add deal and are banking on kicking out low paying tenants or raising rents you may want to read this article how L.A. has currently banned no fault evictions.  This will make it much harder for potential buyers to make the returns advertised on listings.

https://la.curbed.com/2019/10/22/20927009/los-angeles-no-fault-evictions

#dancohousing #losangeles #larealestate #realestate