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
Understanding “Rent Ordinance 2.0″
March 24, 2016 by Leave a Comment
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
New Landlord Laws for 2016
January 14, 2016 by Leave a Comment
Along with the new year and resolutions, always comes new laws for landlords. Below, please find a summary of those new laws that may affect you. AFFORDABLE HOUSING Community Revitalization Authority Assembly Bill 2 (D-Alejo) AB 2 allows specified “disadvantaged” areas of California to create a new entity called a Community Revitalization Investment Authority. The… Read More
San Francisco 2015 Ballot Issues that Affect Landlords
October 13, 2015 by Leave a Comment
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
September 17, 2015 by Leave a Comment
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
January 19, 2015 by Leave a Comment
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
