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All Forum Posts by: Alex Huang

Alex Huang has started 2 posts and replied 4 times.

Post: Oakland Rental Property

Alex HuangPosted
  • Posts 4
  • Votes 0

Thanks for all the replies! I'm not sure how to price one of the units in my duplex. The unit is 1030 square feet, 2 bedrooms and 1 bathroom, however the ceiling height is 7 feet. A normal ceiling unit with the same size will probably go for around $2300. Does anyone have a suggestion on what I should price the unit?

Post: Oakland Rental Property

Alex HuangPosted
  • Posts 4
  • Votes 0

Thanks for all the replies! Unfortunately, the chance of me moving into the property is very low in the future. I just don't know if it'll fall behind if it only increases by 2.7% per year. My mortgage with insurance and property tax is $3300 per month, so there is $1200 left over, do you guys think this is a good investment?

Post: East Bay Real Estate Investing

Alex HuangPosted
  • Posts 4
  • Votes 0

I just bought a duplex in Oakland, and I'm looking to purchase another investment property in the East Bay. I'm thinking about a single family home in San Leandro, as there isn't rent control there. Is that a good choice?

Post: Oakland Rental Property

Alex HuangPosted
  • Posts 4
  • Votes 0

I recently purchased a vacant duplex in Oakland and I expect the total rent to be around $4500 per month. I noticed that the rent increase cap is 2.7% per year. I’m scared that if I decide to sell the duplex in the future, it won’t be market price, because there are below market rate tenants. Can you all give me some advice?