Rent control

[Mario Lara]

I'd like to buy rental property in california (los angeles county to be exact)

but a lot of what I find is under rent control .

I have been told not to buy rent controlled properties because as an owner I will be limited on what I can do with rent increases and if I want to evict a tenant it is more difficult to do so.

What are the pros and cons about buying rent controlled and no rent controlled property?

Should I even think in buying rent controlled properties?

Thanks in advance for your feedback.

Mario

Newbie.

[Joshua McGinnis]

Hi @Mario Lara Welcome to BP. 

I'd advise trying hard to find a property that is non rent controlled so that you have more control over how much you want to charge for rent, among other things.

Take a look at the following:

From: http://www.lafla.org/pdf/hou_rentcontrol_eng.pdf