HomeMy WebLinkAbout2/24/2026 Item 4a, Aminilari (2)
Shahin Aminilari <shahin4homes@yahoo.com>
Sent:Monday, February
To:E-mail Council Website
Subject:Rental Registry 4a
Dear Mayor Stewart and City Council,
Please take a look at rental income and expense scenario before raising any more fee or adding
more regulations. There's mortgage, management fee, high cost of Home Owner's Insurance,
Property tax, Vacancy factor and high cost of repair considering higher repair cost as tenant moves
out, that alone takes most of the profit. I also would like to let you know the rental market is getting
softer since there's been so many housing and business development at Calpoly. Downtown
businesses are vacating, some are going out of business, and it's taking much longer to rent a
housing unit. I also would like to let you know many of housing providers are retirees and have
invested all their life savings into these properties, they may also be a care giver for their loved ones
such as myself helping my brother financially whom has lost all his mobility and needs a twenty four
hour care.
I sincerely appreciate you giving a careful thought as you consider a Rental Registry.
Thank you for your time,
Shahin Aminilari
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