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Oakland Real Estate Forum
Account Closed
  • Oakland, CA
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fair return for rent increase in rent controlled Oakland CA

Account Closed
  • Oakland, CA
Posted Apr 13 2019, 15:57

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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