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
Action Required: Write Your State Assemblymen to Stop AB1506
March 15, 2017 by
Greetings! Lawmakers have introduced a bill to repeal the Costa-Hawkins Rental Housing Act, landmark legislation that exempts new construction and single-family homes from local rent control laws. AB 1506 was introduced Friday, Feb. 17, the last day to propose bills in the 2017 California Legislature. Assemblymen Richard Bloom, D-Santa Monica; Rob Bonta, D-Oakland; and David Chiu, D-San… Read More
California Apartment Association Working to Passthrough Legislation to Support Landlords
April 25, 2016 by
The California Apartment Association is working with the California State Legislature to passthrough legislation that would benefit landlords. Several pro-housing bills made progress this week by making their way out of their respective committees. Legislation affecting density, including the legalization of in-law units, is included in the legislation, which would make it easier for property owners… Read More
Understanding “Rent Ordinance 2.0”
March 24, 2016 by
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
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
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
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