Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: David Frankl

David Frankl has started 1 posts and replied 1 times.

According to Union City's Rent Stabilization Ordinance of 2017, a rent increase is permitted as a "hardship increase" if annual operating expenses are greater than 75% of the total annual gross income. 

Subject to a number of constraints, and it sounds like it requires a substantial amount of documentation and some sort of hearing with the rent control board.

Have you applied for such an increase or know someone who has? Was it easy, simple, and straightforward? Or the opposite? Was the hearing contentious?