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BiggerPockets Daily

LA Fires: What to Do as a Landlord

16 Jan 2025

Description

In this episode, we delve into the devastating aftermath of the LA Fires, exploring the impact on landlords, tenants, and the real estate market. With estimated damages costing many billions of dollars, we discuss how the fires have reshaped housing in Los Angeles—from destroyed properties to skyrocketing rents. We’ll unpack the challenges landlords face, including navigating California’s FAIR Plan insurance and adhering to anti-gouging laws. Plus, we explore what landlords can do to support displaced tenants and rebuild their portfolios amidst these unprecedented challenges. If you’re a landlord, investor, or homeowner in fire-prone areas, this episode is essential listening to help you navigate disaster recovery and understand the long-term impacts of natural disasters on the rental market. Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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