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

San Francisco’s Business Registration Fees Ordinance

The Gross Receipts Tax and Business Registration Fees Ordinance (2012 Proposition E) was approved by San Francisco voters on November 6, 2012 and implemented in 2014. Although 2014 has come and gone, there still seems to be some confusion among my clients about the gross receipts tax. So I wanted to take the opportunity 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

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

Preserve the Ellis Act

San Francisco lawmakers have introduced a pair of bills to the state legislature that would hamper a property owner’s ability to quit the rental housing business. The pending bill, which would force buyers to own a building for at least five years before they could evict tenants using the Ellis Act, has moved out of… Read More

What is the Ellis Act?

The Ellis Act has taken center stage in San Francisco real estate media in recent months. While those evoking the Ellis Act or tenants displaced by the Act are well versed in what it is and what it means, bystanders may not. I would like to give a brief overview of the law and current… Read More

Cultivation and Consumption of Cannabis: What You Need To Know

Walking down the street in San Francisco, it might surprise people that marijuana is not legal.  The free-spirit attitude of the 1960’s Haight-Ashbury days has persevered, and indeed, most law enforcement officials turn a blind-eye. However, as a multi-family building landlord, you still need to know your and your tenants’ rights with regards to cannabis… Read More

A Landlord’s Prospective on Leasing

This is a continuation of last month’s blog post in which I chronicled my apartment hunting experience from a tenant’s prospective.  This month, I focus on what I felt landlords and leasing agents could improve. PRICING San Francisco is under rent control, so it is in a landlord’s best interest to rent an apartment for… Read More

A Tenant’s Perspective on Leasing

I recently found myself on the other side of my business, as I searched for an apartment in San Francisco. I decided I wanted to move back to San Francisco after almost ten years of Peninsula living.  I rented out my house and took the plunge into apartment searching. I decided to use this opportunity… Read More

Spooky San Francisco

Greetings! Owning and renting property in San Francisco can be a scary experience, but not as frightening as these foreboding Fog City abodes. Enjoy these chilling tales in honor of Halloween! Best, Natalie Atherton Mansion, 1990 California Street Believed to be haunted by George Atherton, the feeble son of Faxon D. Atherton and Dominga de… Read More