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Updated 8 days ago on . Most recent reply

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Prince Cortez
  • New to Real Estate
  • Los Angeles
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Balancing LA RSO maximum allowed increases with flat/falling market rent

Prince Cortez
  • New to Real Estate
  • Los Angeles
Posted

For properties under LA RSO, is it best to raise rents by the maximum allowed percentage even if that would mean bringing rents above market rent?

If market rent continues to decrease or stay flat, it would seem to make sense to hold off on increases at some point rather than continuing to push rents above market. How do you determine that point so you can balance preserving future rent levels while not stretching tenants to the point where you risk a vacancy?

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