Rental Property Investor · Los Angeles, CA · Member since 2019 · 25 posts · 52 votes
Hi everyone , my lease with current tenant will be expired in July . When should we know we can raise the rent ? My property is located in Rancho Cucamonga in California .
Your state landlord tenant codes, which you should have a copy of, will determine proper notice guidelines for rent increases. Do not rely on the advice of others, learn your state codes, all of them.
Your state landlord tenant codes, which you should have a copy of, will determine proper notice guidelines for rent increases. Do not rely on the advice of others, learn your state codes, all of them.
Investor · Chicago, IL · Member since 2016 · 1k+ posts · 930 votes
7y
In addition to laws, you want to make sure your market and unit can bear a rent increase. What are the other rents in the area? What are they offering for the price? Agreed with Thomas. Learn your State AND LOCAL (more important), building codes and tenant/landlord ordinances. Your local ordinances should accommodate any state requirements as well.
Property Manager · Los Angeles, CA · Member since 2017 · 216 posts · 110 votes
7y
I do not believe the Inland Empire has rent control as of yet. So proper notice in California means formal written notice at least 30 days if the increase is 10% or less and 60 days if more than 10%. I agree with others in doing research in market rents in your area. Good luck!