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
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
Give a Tenant an Inch, They’ll Take a Mile…And More!
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
In a Wave of Bad New for Landlords, A Small Victory for a Lingsch Realty Client
I truly love my job and count my blessings each day for the wonderful opportunity my grandfather bestowed on me. However, I would be remiss if I did not confess that the current media portrayal of the rental market and tenants’ sense of entitlement frustrates me. From tenants’ unwillingness to cooperate with construction that will… Read More
What is the Ellis Act?
The Ellis Act has taken center stage in San Francisco real estate media in recent months. While those evoking the Ellis Act or tenants displaced by the Act are well versed in what it is and what it means, bystanders may not. I would like to give a brief overview of the law and current… Read More
Cultivation and Consumption of Cannabis: What You Need To Know
Walking down the street in San Francisco, it might surprise people that marijuana is not legal. The free-spirit attitude of the 1960’s Haight-Ashbury days has persevered, and indeed, most law enforcement officials turn a blind-eye. However, as a multi-family building landlord, you still need to know your and your tenants’ rights with regards to cannabis… Read More
A Landlord’s Prospective on Leasing
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