How The Rollins Group LA Can Help

        The Rollins Group LA, with many years in the multi-family world has had a multitude of experience in completing transactions. We have compiled a checklist which we use when moving through both due diligence and completion of a transaction.

       Below is our guide for your use in looking at a potential investment for yourself, please contact us if we can assist in any of these matters.

  • Assist buyers thru the transition of purchase to takeover and construction updates afterwards
  • Demanding LA constraint on Tenant issues, governmental constraints on property rights (proposed Assembly Bill 828 25% rent reduction). Rent control issues, eviction constraints, get fair hearing in the court system that allow court system to set rents and change rental agreements already in place, protecting nuisance tenants by allowing non-response to unlawful detainer complaints,
  • Assist with 1031 exchange – Agents throughout the United States to work with
  • Gross volume of transactions involved in by our team in excess $1,000,000,000
  • BHHS – Southern California presence – 23 offices in LA Area – 57 offices in So Cal area – 2300 agents –
    • Uniquely situated to analyze submarket areas with input from local BHHS associates
    • #1 agency in gross sales in the United States
    • Great reach for properties outside of California BHHS #1 in gross sales nationwide
    • We can reach into other countries in parts of the Juwai
  • Many Commercial Brokers represent both the buyer and seller. We believe this is Conflict of Interest and certainly does not serve the buyer well.
  • Due diligence Coordination
  • Price proposition and LOI
  • PSA negotiation
  • Zoning and use Analysis
  • Review accounting
  • Historical rent trends, occupancy level, concessions, and sales transaction history
  • Competitive market rents, units available and rent concessions in the market
  • Benchmark rents vs. competition and position in your community with the right rent vs. occupancy balance
  • Updated rental rates, absorption rates and new construction details
  • Determine acquisition strategies by benchmarking market and submarket performance
  • Understand historical performance of market
  • Review markets and submarkets rent, occupancy and cap rates

Buyer Representation

  • Find opportunities that are not listed
  • Seller reps are always selling the future – our job is to get seller into reality – value is current, future is buyer’s – deferred maintenance – comps
  • No Listing for seller to disrupt tenants
  • Value upside with best improvement pricing with our 45-year experience as Licensed General Contractor – over 2500 apartment units constructed including rehab.
  • What will need to be done to bring the current units up to existing code and relate that to purchase price
  • Buyer agency agreement will have to be in place for RGLA to assit buyer in search for new properties
  • Deferred maintenance assessment and reflect that in the offer to purchase

How do we find Seller:

  • Why does owner sell:
    • Life event
    • Maintenance of property
    • Estate planning
    • Purchase new property restart depreciation –
    • Rent control issues – governmental issues in the State of California
    • Where do we find CASH FLOW and Appreciation?
    • Opportunity Cost – is it gone in Southern California?
    • Return on equity – are you just treading water as an owner
  • We reach out to sources other than other Brokers such as find properties for our buyers:
    • Commercial Banks
    • Property Mangers
    • Trust Attorneys
    • Wealth Managers
    • Accountants
    • Exchange accommodators
    • Out of State Real Estate Agencies
    • Title Companies
  • Agent Relationship
    • Referrals from RGLA to select office persons/ brokers
    • Work with residential teams to help in client search for suitable Apartment investments
    • New book of stable business
    • Non- circ executed to protect agent’s relationship
      • Apartments will still be viable when the market turns
      • Smaller projects 3- 15 are a neglected market
  • We can assist residential with the analysis of the current Operation
  • Deferred improvements which will impact future revenue
  • Transition for owner to new leases and tenant management
  • Earn referral $’s with simple introduction to RGLA
  • Stay involved with client thru transaction
  • Replacement investments
  • 1031 exchange assistance
      • Apartments will still be viable when the market turns
      • Smaller projects 3- 15 are a neglected market

How The Rollins Group LA Can Help

        The Rollins Group LA, with many years in the multi-family world has had a multitude of experience in completing transactions. We have compiled a checklist which we use when moving through both due diligence and completion of a transaction.

       Below is our guide for your use in looking at a potential investment for yourself, please contact us if we can assist in any of these matters.

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