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Updated almost 8 years ago,

User Stats

10
Posts
1
Votes
Nicholas Bowers
Pro Member
  • Property Manager
  • San Francisco, CA
1
Votes |
10
Posts

Using Master Lease to Ensure Short Term Tenants

Nicholas Bowers
Pro Member
  • Property Manager
  • San Francisco, CA
Posted

Can someone tell me if this is okay?:

  • My PM company (or just me as a person) signs a Master Lease for 1-5 units.
  • I sublet each unit (or room) to short term tenants.
  • Do they have to leave at the end of their short term, or are they protect by Rent Control?
  • If I only pay the owner when I make sub-tenant revenue could the city claim I was trying to avoid rent control laws?
  • Is it okay to hold multiple master leases in multiple buildings?
  • Nicholas Bowers