Quote:
Originally Posted by UncleWede
Cali still has the 10%/yr cap.
Many local cities are going above and beyond that: I'm capped at 4% in Oxnard, although my Bakersfield is still set at 10%
Don't forget 2 months/$5,000 if you evict to do repairs, or move in family.
I just got done dumping 25K into a condo, after fighting to evict a non-paying tenant, who got to live in my place for 2 more months free. Then they wanted their deposit back . . . I had 2300 in just cleaning, so they didn't get anything. They did threaten to sue me for the deposit, and I re-sent the bill for cleaning.
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That only applies to multi family. Single family homes have no rent control.