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
July 15, 2021 by
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.
Is Your Property a Good Investment?
May 18, 2021 by
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
New Legislation Creates A Housing Inventory And Requires Owners To Report Information About Their Units
March 12, 2021 by
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.
2019 San Francisco Rent Board Rates
February 7, 2019 by
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
New Fire Safety Ordinance
January 13, 2017 by
In August 2016, the San Francisco Board of Supervisors passed new legislation aimed at promoting fire and life safety, reducing the risk of fires and preventing property damage from fires. The new laws, which have been incorporated into the San Francisco Fire Code, establish new requirements for residential building owners. The new requirements include having… Read More
Annual Building Inspection Checklist
September 26, 2016 by
As the active rental season ends, but before the busy holiday season starts, I want to take this opportunity to remind all my clients and contacts to inspect their buildings to make sure they comply with all habitability requirements and have no issues that pose a threat to the continuity of their buildings or the… Read More
