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

San Francisco Fire Ordinance Updates

Supervisor Tang’s disclosure ordinance has been revised from its onerous requirements, which were put into effect this year.  The new ordinance is an abbreviated version of the old one and requires that owners comply by January 1, 2018. The new requirements are as follows: Owners of buildings with three or more dwelling units are required… 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

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

New Landlord Laws for 2016

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

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

Break-Ins Are on the Rise: Why and How You Can Keep Your Building Safe

Break-ins both home and auto are on the rise. I have been in this business for 13 years and had one break in in my career, until last year. Since then, it seems almost monthly I hear of an incident from a tenant or client about some crime on their property. Some things I’ve experienced… 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