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Updated over 4 years ago, 06/23/2020

Account Closed
  • Oakland, CA
1
Votes |
6
Posts

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? 

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