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All Forum Posts by: Franklin Marquette

Franklin Marquette has started 18 posts and replied 38 times.

Not sure if anyone has any information on this but as I have continued to chat to folks around LA this does seem like it is allowed BUT still carries the significant risk that a mid-term renter stays in the unit and becomes a squatter / stops paying rent  OR stays after 180 days and then under LA RSO does become a protected tenant.


Would love to hear experienced perspectives if available.  

I am replacing the front fence, sliding gate, and pedestrian gate on a Spanish Modern rental in Los Feliz. My initial thought (because I have a metal guy) was to just do black metal modern slates (see photos of the metal fence / gate style that I was thinking of below).

Have recently thought that a wood-look may be more warm, natural, and inviting (and match the natural terracotta tile roof).

Does anyone have any recommendations for fence materials that mimic wood that are (1) durable and (2) cost effective for a rental property? Should I just stick with metal? If so, why?

Thanks!

Hello all,

I am building a 2 story ADU complex in Los Feliz. The roof will be at 18 ft (height limit the city gave me). I am planning to have private roof access for each of the 2 townhome style units that will be in the complex. Will have artificial turf, plants, etc up there. There is a view of Griffith Observatory from that height so believe this will attract renters and, along with the luxury finishes, attract a luxury rental rate.

Anyways, from a build cost perspective it doesn't add much as a % of the total project (hence why its worth doing). HOWEVER, are there any legal / liability / insurance considerations here I should be aware of before I put a rooftop terrace 18 ft off the ground for tenants to use?

Thanks!

Franklin

Hey all,

Does anybody have experience with doing mid-term rentals on RSO properties in LA County? I have heard of certain investors doing it and finding success doing it but am wary given the restrictions on short term rentals (under a month) on RSO properties and generally how sensitive these rules are.

From what I understand, they are "hotel-like" bookings. So long as the stay is under 180 days and over 31 days it is technically allowed (although likely frowned upon by the RSO) and exempt from the RSO. In addition, there are no requirements to report rent levels.

Platforms to post on include AirBnb or Furnished Finder. Although Furnished Finder is just a marketplace and does not offer insurance options like AirBnb does.

This is just something I heard about the other day. It sounds too good to be true so just want to see if any other forum members have experience with it and know where I can read more and find more explicit information / rules around it.

Thanks!