4 ms·
Yes. But since they delivered the rent in cash, it was not possible to prove that the tenants had changed even though we knew they had. For us, it was not sust
by scharfstevenm 10y ago
Yes. But since they delivered the rent in cash, it was not possible to prove that the tenants had changed even though we knew they had.
For us, it was not sustainable financially because we didn't have the resources or the will to challenge the "vacancy control." I'm sure the new owner solved the problem or converted it to a TIC.
I like the Ellis Act and TIC concept since it makes more people property owners, and owners will maintain the property better than tenants or absentee landlords.
OMG I sound like a Republican even though I am quite the progressive.
- kspaans 10y agoOMG I sound like a Republican even though I am quite the progressive. No worries, blame Prop 13. ;)