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
Enhance Common Areas to Attract Tenants
August 3, 2023 by
Common areas are an extension of tenants’ homes. Show them you care. Dear San Francisco Landlords, We hope this newsletter finds you well. As property owners and managers, we often focus on the inside of our apartments, ensuring they are updated and well-maintained for our tenants. However, it’s essential to remember that the common areas… Read More
How Lingsch Realty Saves You Money on Repairs and Improvements
February 13, 2023 by
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.
Now is the Time to Add Electric Vehicle Charging Stations
June 24, 2021 by
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?
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.
Tired of Managing Lobby and Garage Thefts and Tenant Security Complaints?
October 21, 2020 by
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
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
Three Proposed Laws Landlords Need to Write Their Legislators About
March 14, 2018 by
On the heels of last year’s successful defeat of a series of tenant-friendly laws, Democratic Assemblymen David Chiu of San Francisco, Richard Bloom of Santa Monica and Rob Bonta of Alameda have introduced legislation proposing new tenant protections. The following laws, which aim to make it harder to evict tenants and extend timelines before evictions… Read More