They haven’t thought about the cons of AB 1482 and caps….because tenants are getting to many rights over the landlord I just had two tenants which I paid cash for keys but as a result I will no longer rent them out to anybody. Instead I let my son and daughter live there, for free I don’t care that I losing money in rent anymore it’s just too much hassle with all these new laws. I’m sure many landlords are not wanting to rent anymore Lawmakers are making things worst at the same time
Question… we lived at a property and Southern California in San Diego county for two years. The first year we had a lease the last year we were month-to-month always paid rent on time did sign all of those addendum? But when the house started having all these issues like mold, etc., instead of fixing the problem, she gave us a 60 day notice to move, we did sign addendum prior to moving in and again we were month-to-month. Can she do that without paying a relocation? Is it considered unjust?
Hi I rent a room to this young man who lied since day one stating he works full time but he is not. later brought his toddler little girl; first he said to visit 2 days a week later he brings her like four days and spends the nights now he doesn’t have the rent money and brought her bed in my absence without asking me. I live in northern California he’s been here only 3 months in my house. I told him his daughter cannot live here because we have a pool. He said ok first but now he brings her to spend the days here. Can I give him a 30 day notice? This is a month to month I said since wanted to know how it will work. But now since I know he is lying want to give him a 30 day notice. Thank you in advance. I’m a senior with diabetes and am worried about my health on this stressful situation.thank you in advance.
your best idea is to inform him of a possible eviction for this, but morally you would want to tell him to leave within a time frame and date, then decide to do the eviction process if he fails that date. You will create more issues going to straight eviction rather than advising him about the situation. Do not just send a letter to him, but also speak to him, and do whatever other form of communications. The eviction cannot be processed though unless he is not following the lease roles or clauses, if you got a generic you maybe out of luck and would want to seek a lawyer for this.
Thank you for the information. So if a single residential home is exempt based on the ownership, and the proper notice of exemption was provided to tenant in writing, the landlord IS able to raise the rent more than the rent cap as long as the tenant is provided with the appropriate written notification (i.e. 90 days for tenant of more than 1 year)? I'm dealing with some rentals that are so far below market rate, and haven't had rent increases for 15-20 years.
You are correct. Give the AB 1482 Notice (quote it exactly from the law, cause the law says Exactly (in quotes) what you have to give written notice to Tenants). Then give the the proper advance notice of the rent increase, then increase as much as you like. (Assuming no other conflicting rent control laws), and see my post on this video about CA PC 396 Price Gouging during local and state emergencies.
Yes raise those rents! You are cheating yourself, your estate and even your future tenants in a way since you will have less money to keep the properties properly maintained and updated over the years if Tenants are not paying within 5-10% of Market Rents. Even on renewals, let Tenants know that because of CA rent control laws you can NOT give them a discount more than 5-10% of Current Market Rents because then if they move out, you can’t raise the rent and get Full Market rent on the next tenants. If you are subject (or later become subject, cause you know that’s the plan) to rent control laws, then you can’t even raise rent more than 10% on the least amount you got in the prior 12 months. So you can’t be overly generous to Long Term, low Income Tenants, or you potentially pigeon hole your Assets’ income abilities for years and years to come. If you get too far behind Market Rents, you may never catch up if you are limited to 5-8%/ year. If you were getting $1000/month you can only raise max $50-100/mo each year. If current market rents are $2000, but you had Tenants in there for 10-20 years and rarely raised rents (if ever), and current market rents also go up by 5-10%/year, you’ll basically never catch up! You’ll have to take the property off Market for a year, then start over after loosing 12 months of income. Then you can raise to market rents. See, no matter How the Liberals try to “fix” the rental system, they only succeed in driving Cost Higher for everyone. And like any business, including investment properties/Landlords/Property Managers, all increased costs Have to be passed onto the consumer (Renters) or the business will fail and then the Renters will have to move elsewhere and, you guessed it, Pay FULL Market Rent again. Manipulation of the free market only drives UP costs. If Landlords didn’t have to worry about Gov capping their current and Future income prospects then they could choose to give larger discounts to low income and good Long Term Tenants. But when Gov won’t allow LLs to raise rents to match the market, especially in between Tenants, then the natural recourse os for LLs to raise rents Every Year to keep the current rent within eyesight (within 5-10%) of Full/Max Market rents. Cause Tenants can just break a lease anytime and the LL has a duty to try to re-rent the property and limit the Tenants financial burden even though the Tenant broke the lease (left early). I know of one who signed a 2 year renewal then 3 months into the 24 mo extension the moved out cause they decided to buy a house. So much for giving a discount on the rent to “secure” a long term Tenant!
They haven’t thought about the cons of AB 1482 and caps….because tenants are getting to many rights over the landlord
I just had two tenants which I paid cash for keys but as a result I will no longer rent them out to anybody. Instead I let my son and daughter live there, for free I don’t care that I losing money in rent anymore it’s just too much hassle with all these new laws. I’m sure many landlords are not wanting to rent anymore
Lawmakers are making things worst at the same time
Question… we lived at a property and Southern California in San Diego county for two years. The first year we had a lease the last year we were month-to-month always paid rent on time did sign all of those addendum? But when the house started having all these issues like mold, etc., instead of fixing the problem, she gave us a 60 day notice to move, we did sign addendum prior to moving in and again we were month-to-month. Can she do that without paying a relocation? Is it considered unjust?
Hi I rent a room to this young man who lied since day one stating he works full time but he is not. later brought his toddler little girl; first he said to visit 2 days a week later he brings her like four days and spends the nights now he doesn’t have the rent money and brought her bed in my absence without asking me. I live in northern California he’s been here only 3 months in my house. I told him his daughter cannot live here because we have a pool. He said ok first but now he brings her to spend the days here. Can I give him a 30 day notice? This is a month to month I said since wanted to know how it will work. But now since I know he is lying want to give him a 30 day notice. Thank you in advance. I’m a senior with diabetes and am worried about my health on this stressful situation.thank you in advance.
your best idea is to inform him of a possible eviction for this, but morally you would want to tell him to leave within a time frame and date, then decide to do the eviction process if he fails that date. You will create more issues going to straight eviction rather than advising him about the situation. Do not just send a letter to him, but also speak to him, and do whatever other form of communications. The eviction cannot be processed though unless he is not following the lease roles or clauses, if you got a generic you maybe out of luck and would want to seek a lawyer for this.
Thank you for your response.
Thank you for the information. So if a single residential home is exempt based on the ownership, and the proper notice of exemption was provided to tenant in writing, the landlord IS able to raise the rent more than the rent cap as long as the tenant is provided with the appropriate written notification (i.e. 90 days for tenant of more than 1 year)? I'm dealing with some rentals that are so far below market rate, and haven't had rent increases for 15-20 years.
You are correct. Give the AB 1482 Notice (quote it exactly from the law, cause the law says Exactly (in quotes) what you have to give written notice to Tenants). Then give the the proper advance notice of the rent increase, then increase as much as you like. (Assuming no other conflicting rent control laws), and see my post on this video about CA PC 396 Price Gouging during local and state emergencies.
Yes raise those rents! You are cheating yourself, your estate and even your future tenants in a way since you will have less money to keep the properties properly maintained and updated over the years if Tenants are not paying within 5-10% of Market Rents.
Even on renewals, let Tenants know that because of CA rent control laws you can NOT give them a discount more than 5-10% of Current Market Rents because then if they move out, you can’t raise the rent and get Full Market rent on the next tenants. If you are subject (or later become subject, cause you know that’s the plan) to rent control laws, then you can’t even raise rent more than 10% on the least amount you got in the prior 12 months. So you can’t be overly generous to Long Term, low Income Tenants, or you potentially pigeon hole your Assets’ income abilities for years and years to come. If you get too far behind Market Rents, you may never catch up if you are limited to 5-8%/ year.
If you were getting $1000/month you can only raise max $50-100/mo each year. If current market rents are $2000, but you had Tenants in there for 10-20 years and rarely raised rents (if ever), and current market rents also go up by 5-10%/year, you’ll basically never catch up! You’ll have to take the property off Market for a year, then start over after loosing 12 months of income. Then you can raise to market rents.
See, no matter How the Liberals try to “fix” the rental system, they only succeed in driving Cost Higher for everyone. And like any business, including investment properties/Landlords/Property Managers, all increased costs Have to be passed onto the consumer (Renters) or the business will fail and then the Renters will have to move elsewhere and, you guessed it, Pay FULL Market Rent again.
Manipulation of the free market only drives UP costs.
If Landlords didn’t have to worry about Gov capping their current and Future income prospects then they could choose to give larger discounts to low income and good Long Term Tenants. But when Gov won’t allow LLs to raise rents to match the market, especially in between Tenants, then the natural recourse os for LLs to raise rents Every Year to keep the current rent within eyesight (within 5-10%) of Full/Max Market rents. Cause Tenants can just break a lease anytime and the LL has a duty to try to re-rent the property and limit the Tenants financial burden even though the Tenant broke the lease (left early).
I know of one who signed a 2 year renewal then 3 months into the 24 mo extension the moved out cause they decided to buy a house. So much for giving a discount on the rent to “secure” a long term Tenant!
what if i am not an LLC or corporation...i have a regular single family home BUT it is older than 15 years....