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
Tired of Managing Lobby and Garage Thefts and Tenant Security Complaints?
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
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
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
New Fire Safety Ordinance
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
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
Fire Prevention and Proposed Sprinkler Ordinance
First off, I would like to thank everyone who reached out regarding the fire at Mission and 29th Streets on Saturday, June 18. Thankfully, my building and business were on different blocks, but my heart goes out to the businesses and residents who were displaced by the fire. No one was hurt in the fire…. Read More
New Landlord Laws for 2016
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