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Updated over 2 years ago,

User Stats

237
Posts
46
Votes
Ron Singh
  • sf bay area
46
Votes |
237
Posts

Tips to raise rent when you inherit tenets on m2m lease

Ron Singh
  • sf bay area
Posted

Wondering what worked for you guys in raising rent when you inherit low rent tanent on m2m lease

I know cash for key might be one way but might not work for all situations.

another different scenario :

- what about if mf property is on rent control, and current tenants are on way too low rent as compared to market.

- what if you want to move to str rental model and current inherited tanent are on ltr yearly lease. assuming have to honor the lease period and give advance notice to vacate? (intent to no lease renewal )

location : San Francisco city and south bay,

mf res properties 2-4 units

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