Flipper/Rehabber · CA · Member since 2023 · 1k+ posts · 1k+ votes
California landlords; it may be beneficial for you to thoroughly understand prop 33 during this election cycle and, depending on city, how it may impact your business
Investor · Sacramento, CA · Member since 2016 · 96 posts · 41 votes
2y
Not only will it have a negative effect on landlords, I would imagine some owners of single family homes will choose to sell to an owner-buyer, thus reducing the number of rental properties on the market, making it more difficult for renters to find places to rent.
Not only will it have a negative effect on landlords, I would imagine some owners of single family homes will choose to sell to an owner-buyer, thus reducing the number of rental properties on the market, making it more difficult for renters to find places to rent.
Some people who own homes free and clear simply leave them vacant