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Updated about 2 years ago,

Jeffrey Zhang's profile image
Jeffrey Zhang's profile image
Jeffrey Zhang
  • Member since Oct 14, 2022
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15
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6
Votes
Jeffrey Zhang's profile image
Jeffrey Zhang's profile image
Jeffrey Zhang
  • Member since Oct 14, 2022
Connect
Jeffrey Zhang
6
Votes |
15
Posts
General Landlording & Rental Properties

how to change tenants to bring rent to market price

Jeffrey Zhang
Posted

Hi,  I'm wondering how to change tenants to bring rent to market price. it's impossible to increase the rent for current tenants since there is rent control in place, the increase cannot exceed 5% annually. The current rent is $1500 and market price is $3000. Any input is appreciated. 

Los Angeles County, California
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