All Forum Posts by: Ryan Conner

Not legal advice, but a blanket 10% increase in the lease (even if you say it is for future cap expenses) would be thrown out in court, especially in Oakland.  You can, however, put the costs of capex on the tenant itself if, and only if, the capex expenses are for the benefit of the tenant itself AND only after cap expenses have been paid off by landlord.   Here is a solid news article on a slightly different topic that discusses these issues a bit. 

http://www.eastbayexpress.com/oakland/how-oakland-landlords-prevail-in-rent-disputes/Content?oid=4345386

Calvin:

Thanks for the kind response and most appreciated. I have definitely heard it is very hot market, and I am definitely looking into other areas in the area.

May I ask what other areas you might suggest? I've done some analysis and like Hayward and Richmond. One main focus was a duplex near a BART stop - I know Oakland area decently well but not as familiar as other towns. 

Thanks again for the advice and please message me if you would like to meet up!

Ryan 

Good morning:

Hope everyone is having a great weekend.

I recently moved out to the Bay Area/San Francisco and have enjoyed attending the local REIA groups the last few months. A lot of great folks out here!

I am actively looking for properties in Oakland and East Bay and look forward to connecting with anyone who would like to meet up for coffee/lunch.  Would enjoy connecting with a mentor in the area and providing any help I could in exchange.

Also happy to help anyone with (business advice) regarding some of the rent control laws as I have some familiarity with that area.  

Thank you very much and look forward to connecting.

Ryan

All:

First, thank you for your time reading my listing and hope you are having a good weekend.

I am looking for a vacant duplex in Oakland, with a price below $800k.  Target price would be $500k-$700k.

I am looking for properties in neighborhoods of 1) Temescal 2) Longfellow 3) West Oakland and 4) Emeryville area/North Oakland.

I am looking for a property that will need some work all the way to turnkey properties.  

Please feel free to reach out with any other questions, open to contact and network with folks in the Bay Area as well. Thank you very much!

Ryan