All Forum Posts by: Jonathan Payne

A valid reason includes the tenant not signing a new lease if you want one, but again you may be subject to how much you can increase that rent based on multiple factors. The good news is it's a triplex and subject to less controls, but as Chris stated above - Fried & Williams is a key resource for Oakland landlord laws...http://friedwilliams.com/index.html

Juan - coming from the East Bay, I think this is super smart and not that risky...they will sell like hotcakes. (I have clients right now whoe want one!) What are the size dimensions of the units? I'm sure there is an optimum, maybe 3/2's at 2000 sf? One question I hadn't thought of for a development like this - how much does it cost to get an HOA going with all the legal paperwork and CCR's?

I'll be interested in tracking this for sure - maybe you can have a good symposium at the end? 

Thank you Arlen for the guidence! Appreciated, I'll follow up...

Wow, figured I had to start this since the East Bay is booming right now...

The main reason I found this forum is trying to find ways to put a good high end flip together and getting advice on ways to connect with investors/contractors. Any other East Bay-ers out there with ideas....

Have a line on a great mid-century house that needs a good $200k to get it totally polished.  Aquire costs $625k, potential sale - 1 mil. Big enough return to genterate interest? 20% in 4 months?