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Los Angeles Has the Highest Percentage of Renters in the U.S.

Great news for landlords in Los Angeles!

Real estate can be a great investment, as a cash flow property, long term equity source, and even a retirement plan. How much more so this is true in a hot rental market like Los Angeles! Curbed LA reports that rents in Los Angeles are shooting up and are not 5.9% above their pre-recession peak in the county. Los Angeles also has the highest percentage of renters nationwide, at 52%, vs. 35% nationwide.

With my clients and my own rental properties, I am personally seeing properties getting rented quickly, rental rates increasing, and excellent cash flow.

To see the whole article from Curbed LA, click here, and contact me for all of your questions about finding, purchasing and managing rental properties.

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