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Updated over 4 years ago,

Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Oakland, CA
  • Member since Aug 27, 2017
Connect
Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Oakland, CA
  • Member since Aug 27, 2017
Connect
Account Closed
  • Oakland, CA
1
Votes |
6
Posts
Oakland Real Estate Forum

fair return for rent increase in rent controlled Oakland CA

Account Closed
  • Oakland, CA
Posted

I bought a fourplex last year in Oakland that I owner-occupy. One tenant I inherited is paying about 30% market rate. I am operating at a loss because of it. Given Oakland's strict rent control laws, how would I go about calculating fair return to petition the RAP board for a rental increase for that unit? 

Oakland, California
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