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
Give a Tenant an Inch, They’ll Take a Mile…And More!
August 22, 2014 by
While we all try to get the best tenants possible, occasionally a bad one slips through the cracks, or we may purchase a new building and inherit such a tenant. They may pay their rent late, create nuisances for other tenants or create safety hazards in the building. While it can be a frustrating and… Read More
A Landlord’s Prospective on Leasing
December 12, 2013 by
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
What You Should Know About Subletting
June 18, 2013 by
Inevitably, all landlords are going to one day face the situation of accepting a subtenant onto their property. Although all Lingsch Realty leases prohibit subletting apartments, under regulation 6.15A(d) of the San Francisco Rent Board code, a landlord may not refuse a tenant the right to replace roommates on a one-for-one basis every 12 months…. Read More
Landlord-Friendly Recommendations for November Ballot
October 16, 2012 by
In a tenant-friendly city such as San Francisco, it is extra important for landlords to come out in full force on election day in order to champion for laws that will help landlords become more effective, and will limit tenant-friendly legislation. About 65% of San Francisco voters are tenants, so us landlords need all the… Read More