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Updated over 2 years ago,

Prachi Metha's profile image
Prachi Metha's profile image
Prachi Metha
  • from Dublin, CA
  • Member since Mar 4, 2020
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69
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15
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Prachi Metha's profile image
Prachi Metha's profile image
Prachi Metha
  • from Dublin, CA
  • Member since Mar 4, 2020
Connect
Prachi Metha
  • Dublin, CA
15
Votes |
69
Posts
Sacramento Real Estate Forum

New Lease Rental Question

Prachi Metha
  • Dublin, CA
Posted

We acquire a property with already a tenant in it. The lease is up since May end and we are supposed to make a new lease. Is there any rent cap that we are supposed to follow? Rent is way below the current market rent and since it is a new landlord and new lease agreement, can increase the rent as per the current market rent. Please advice.

Sacramento, California
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