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The "Light Beer" of Rent Control Is Coming

By Robert MacGuire Wednesday, May 29, 2019

Today on the Southern California Real Estate Report Prop 10 might have been defeated but a new assembly bill- AB 1482 is what some might call the "Light Beer" of Rent Control.

-The landlord would be prevented from raising rent more than 5% plus CPI

-This might be the best bet for landlords trying to maintain market rent for there properties

-Value Add investors might need to be more careful because it's going to change how much they can raise rent.

-The market Rate component is the part of the bill that could make this a good deal for landlords.

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Author

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Robert MacGuire
Founder
Founder and Principal of Income Property Advisors, Inc., Robert MacGuire has been involved in the management, marketing and sales of residential income and commercial properties in San Diego and Santa Barbra Counties since 1998. His specialty is multi-family and residential income properties and representing buyers and sellers in the purchase of these properties. Mr. MacGuire has become known for his fair and aggressive representation of his clients and this has earned him the respect and busine...
Founder and Principal of Income Property Advisors, Inc., Robert MacGuire has been involved in the management, marketing and sales of residential income and commercial properties in San Diego and Santa Barbra Counties since 1998. His specialty is multi-family and residential income properties and representing buyers and sellers in the purchase of these properties. Mr. MacGuire has become known for his fair and aggressive representation of his clients and this has earned him the respect and business of many established Real Estate investors in San Diego and Santa Barbra County. Income Property Advisors, Inc., currently manages approximately 100 million dollars’ worth of multi-family and residential income assets. Mr. MacGuire has been involved in numerous Real Estate transactions in San Diego and Santa Barbara County earning him top producer designations in multiple commercial Real Estate offices over his 20-year career as an Agent and Broker. Mr. MacGuire is a member of the National Association of Realtors (NAR), California Association of Realtors (CAR), the National Association of Residential Property Managers (NARPM) and the San Diego County Apartment Association (SDCAA) He is a licensed Real Estate Broker in the State of California. He attended the University of Colorado, Boulder.
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