Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

11
Posts
0
Votes
Christopher B.
  • Fremont, CA
0
Votes |
11
Posts

!!! Help- Tenant can't move out by lease expiration date

Christopher B.
  • Fremont, CA
Posted

Hi BP community,

I am a new landlord, I purchased a property in 2015 with a tenant paying way below market rent.  When I purchased I advised the tenant that it is my intent to occupy the property after the lease expires.  Per California code, I gave the tenant a 60 day notice, and a 30 day notice.  The lease expires in 11 days.  Yesterday (12 days till lease expiration) the tenant informed me that their new apartment/ condo won't be available for them to live in starting June 17.  17 days after lease expiration.  I have been taking a big loss on the property for 6+ months. 

Is there anyway legal way I can increase the rent on the tenant for those 17 days to something like what Air BnB rates are going for in the area -~$100 a night?

I see that California law generally requires 30 day notice if increasing under 10%. 60 days if over 10%.  My tenant sprung this on me with 12 days left.  An Eviction will take time and I might not collect anything.  Tenant's Current average daily rate is around $42.  Market is about $60 based on 30 day month.   My intent is to occupy the property. 

Please help!

-In California

Most Popular Reply

User Stats

1,057
Posts
464
Votes
Kyle Hipp
  • Investor
  • Appleton, WI
464
Votes |
1,057
Posts
Kyle Hipp
  • Investor
  • Appleton, WI
Replied

in Wisconsin the landlord can charge double the daily rate of rent if the tenant does not vacate on the termination date. 

Loading replies...