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Updated almost 4 years ago on .

User Stats

13
Posts
5
Votes
Chakri Dew
  • Rental Property Investor
  • 94568
5
Votes |
13
Posts

new owner for multiplex property in rent controlled city

Chakri Dew
  • Rental Property Investor
  • 94568
Posted

I am purchasing a property in Rent controlled city (SF) and like to find out the following from the community,

  1. - Can I put a hard request to vacate the tenants if they are on month-to-month? Can the seller show this as a reason to vacate them?
  2. - Can I increase the rent according to the market rate? It has a max of 1.9% for a year.
  3. - As a new owner, can I prepare a new lease with a market rate after the purchase?