Renter Regrets and Landlord Solutions

Dear Landlords: Understanding what matters most to tenants will ensure you have content tenants, who will not move immediately following their initial lease term and pay the maximum rent your unit warrants. This will cut down vacancy times and turn over costs, which will add to your bottom line. Sometimes investing in a building and… Read More

New Bed Bug Notification Laws

As you may have heard, there is a new state law for bed bugs (Civil Code Sec. 1954.603) that requires giving notice to both new and existing tenants. Prospective tenants must be given the notice by this July 1, and existing tenants must be given the notice by January 2018. While the bed bug addendum… Read More

 California Apartment Association Working to Passthrough Legislation to Support Landlords

The California Apartment Association is working with the California State Legislature to passthrough legislation that would benefit landlords. Several pro-housing bills made progress this week by making their way out of their respective committees. Legislation affecting density, including the legalization of in-law units, is included in the legislation, which would make it easier for property owners… Read More

Understanding “Rent Ordinance 2.0″

On September 9, 2015, the San Francisco Board of Supervisors passed amendments to the Rent Ordinance expanding tenant rights even further. Supervisor Jane Kim’s legislation, which further expanded tenant rights is now known as Rent Ordinance 2.0. If you thought being a landlord under the original version was difficult, 2.0 has more obstacles to navigate…. Read More

San Francisco 2015 Ballot Issues that Affect Landlords

The November 3 ballot is teeming with issues with outcomes that will affect property owners.  While several of the propositions seem worthy of your vote on the surface, digging a little deeper reveals that the result of their passage may not have the intended effects.  See how Lingsch Realty voted below. Prop A: Affordable Housing… Read More

Preparing for El Nino

El Nino is a weather pattern produced by unusually warm ocean temperatures in the Equatorial Pacific. The El Nino phenomenon is associated with extreme weather around the globe. In California, it typically means a wet winter with higher than normal rain levels. An El Nino is predicted for this winter continuing into 2016. In order… Read More

Happy New Year! What to Expect in 2015

A new year brings new hope for us as landlords and unfortunately new determination for tenants’ unions to pass more tenant-friendly legislation. Landlords were successful in 2014 in knocking down some landmark legislation and court rulings aimed at making owning properties more difficult and costly, including SB 1439 (Leno) and Levin vs. San Francisco. 2015 vows to… Read More

No on Prop. G

With election day around the corner, politicians are finalizing legislation for the ballot. One proposition that affects real estate investors is Prop G. Prop. G imposes a 14 – 24% tax on residential properties with 2 – 30 units, including single-family homes with in-law units, if they are sold within five years of ownership. The tax… Read More

Give a Tenant an Inch, They’ll Take a Mile…And More!

While we all try to get the best tenants possible, occasionally a bad one slips through the cracks, or we may purchase a new building and inherit such a tenant. They may pay their rent late, create nuisances for other tenants or create safety hazards in the building. While it can be a frustrating and… Read More

In a Wave of Bad New for Landlords, A Small Victory for a Lingsch Realty Client

I truly love my job and count my blessings each day for the wonderful opportunity my grandfather bestowed on me. However, I would be remiss if I did not confess that the current media portrayal of the rental market and tenants’ sense of entitlement frustrates me. From tenants’ unwillingness to cooperate with construction that will… Read More