Rental arbitrage in Los Angeles
Hello,
Is there anyone doing rental arbitrage in Los Angeles? If so how has it been/what’s it like? Is it possible to do with Rent control?
Most Popular Reply
Rick Albert
#2 House Hacking Contributor
#2 House Hacking Contributor
- Real Estate Agent
- Los Angeles, CA
Hey Anna,
You cannot do vacation rentals with rent controlled units. Plus Los Angeles put rules in place that you have to live in the property 6 months out of the year (they are assuming you are the owner). I would look outside of Los Angeles for this strategy. LA has really put restrictions on this.
Good luck!