As the rental market continues to evolve, a new trend is emerging, one that might initially seem daunting but ultimately presents an opportunity for both landlords and tenants: the art of rent negotiation. In recent years, an increasing number of tenants are actively engaging in discussions about their lease, seeking more flexible terms or reduced… Read More
How Lingsch Realty Saves You Money on Repairs and Improvements
While no property owner likes to see monthly expenses on their monthly accounting, they are unfortunately a part of owning investment property. While they may be frustrating, you may not see behind the scenes of how Lingsch Realty works hard to mitigate these expenses. Here is how: While owing investment property can be costly and… Read More
Out of Corruption Comes Windfall for Landlords
Under a settlement deal with San Francsico, Recology will refund a portion of rate hikes paid by Recology customers between 2017-2020 that disgraced Public Works Director Mohammed Nuru approved. During the City’s negotiations with Recology, Nuru allegedly accepted over $1 million in bribes from Recology.
Now is the Time to Add Electric Vehicle Charging Stations
There is no doubt that electric vehicles are becoming more mainstream. With a 2018 high of EV sales, a slight drop in 2019 (probably attributed to an influx of early adopters in 2018) and yet another drop in 2020 attributable to less commuting due to COVID-related shut downs, the data show increasing EV adoption. And… Read More
Is Your Property a Good Investment?
While many of our clients are savvy investors, we have just as many clients who are just looking to pad their nest egg and think an investment property is a good option or inherited a property that they would like to keep in the family. Because a property is a tangible investment, you can see… Read More
A Year of COVID-19–What Next?
It has been over a year since all our worlds changed due to the pandemic. As we embark on our recovery, the market remains soft, and some of the past year’s resolutions should remain in place. Tenants still have the luxury of being picky. Even in lower-end markets, tenants demand spruced up kitchens, clean finishes… Read More
New Legislation Creates A Housing Inventory And Requires Owners To Report Information About Their Units
Ordinance No. 265-20, which became effective on January 18, 2021, requires owners of residential housing units in San Francisco to begin reporting certain information about their units to the Rent Board. The Rent Board will use this information to create and maintain a “housing inventory” of all units in San Francisco that are subject to the Rent Ordinance.
Tired of Managing Lobby and Garage Thefts and Tenant Security Complaints?
The passage of Prop 20 may help. Dear California Residents and Property Owners: Have you had an increase in tenant complaints about car break-ins, package thefts and overall crime in recent years? Have you wondered what could have caused or influenced this increase in crime? If you voted in 2014, you may remember Proposition 47… Read More
2019 San Francisco Rent Board Rates
The March 1, 2019 – February 29, 2020 San Francisco Rent Board Rates have been released. They are as follows: Allowable Rent Increase 2.6% Security Deposit Interest 2.7% 2018-2019 Property Tax Rent Board Fees that Can Be Charged to Tenants $22.50 This is the largest allowable increase I have seen in my… Read More
How to Vote on June 5
Dear San Francisco Property Owners: The June 5 statewide election promises to be as contentious as ever for landlords and tenant advocates. With important measures and legislation-driving candidates on the ballot, as a landlord you need to vote and vote wisely. Find the San Francisco Apartment Association’s slate card with their recommendations here. This is… Read More