If you are thinking about buying in Los Angeles you will want to watch this webinar. Have you heard of the new real estate market emerging in Los Angeles called Tenants-in-Common (TIC)? TIC sales are very similar to condos. They are hugely popular up in San Francisco, and are starting to make their way to the LA market largely due to the fact that we now have a lender offering TIC fractional loans. TIC units tend to be more affordable and offered at entry level pricing. They also tend to have lower HOA dues, and smaller communities than condos. The benefit of a TIC market, is that it gives renters, or entry-level buyers, an opportunity to get into LA real estate.
What is a TIC and how does it work?
If you are a realtor or seller, and interested in TIC sales, we have a special webinar for you, click here!
For more information on TIC sales, contact:
Liz McDonald, Broker
TRG Realty Company, Inc.
The Rental Girl Sales
BRE #: 01449897
MORE FROM THE RENTAL GIRL ON TIC OWNERSHIP:
- Read more about TIC ownership HERE
- View all our current TIC offerings HERE
- View The Rental Girl’s current properties for sale HERE
- Visit Andy Sirkin’s website for more research on TIC sales HERE
(Andy is the TIC attorney who pioneered TIC sales in the early 80’s in San Fran. His website has a wealth of info on TIC ownership).
- Interesting in purchasing a TIC? Contact an experienced TIC Realtor®
Elizabeth McDonald, Broker & TIC Specialist
TRG Realty Company, Inc.
The Rental Girl
323-313-5780 / Cell
BRE Lic #: 01449897
ABOUT THE RENTAL GIRL & HOW WE GOT INVOLVED WITH TIC:
The Rental Girl (therentalgirl.com) is a full service Real Estate brokerage specializing in residential leasing and sales. We have been serving renters and landlords since 2004. We work with thousands of Los Angeles renters each year, and many of these renters are qualified to buy, but can’t afford or find a home in a neighborhood they want to live. In 2016, a client of ours introduced us to TIC ownership and we saw immediately how many renters and entry level buyers in LA could benefit from a TIC market here. We met with Sterling Bank, who was working actively to pioneer a TIC market in LA, and other San Francisco vendors. And so began our research on TICs. Since then, we have helped bring many TIC units to the market, and we have many new TIC communities coming soon. With every new TIC building that hits the market, more renters, landlords and realtors are discovering TIC sales and the TIC movement is growing rapidly. We love to share our accumulated knowledge, and support our real estate colleagues, landlords and renters and the TIC community.