New California Inspection Requirement for Exterior Elevated Elements (Balconies, Decks and Stairs) Dear San Francisco Landlords, In the ever-evolving landscape of property management, staying informed about legislative changes is crucial for maintaining compliance and ensuring the safety and well-being of your tenants. One such significant piece of legislation is California’s Senate Bill 721 (SB-721), which… Read More
Legislation Restricts Bond Passthroughs, Impacting San Francisco Landlords
June 18, 2024 by
A recent legislative move by the Board of Supervisors, spearheaded by Supervisor Aaron Peskin, has brought significant changes to General Obligation Bond passthroughs for landlords across the city. This new legislation marks a departure from previous practices, drastically limiting the ability of landlords to recover portions of their property tax bills through rent increases. General… Read More
The Landlord’s Voice: Supporting Our Community Against the “Justice For Renters” Act
May 7, 2024 by
Dear San Francisco Landlords, The “Justice For Renters” Act, if passed, could have severe implications for us as landlords. This act aims to significantly restrict our ability to raise rents, enforce lease agreements, and evict tenants. While we believe in fair treatment for renters, this act goes too far, jeopardizing our ability to manage our… Read More
Call To Action: Contact Your SF Supervisors to Protect a Valuable Income Stream for SF Landlords
April 12, 2024 by
Pending Legislation Will Push the Burden of Paying for General Obligation Bonds onto Rental Property Owners You may not even notice the small Bond Passthrough amount that your tenants pay each month. Under current law, rental property owners receive a 50% passthrough rate for increases on their property tax bill related to voter-approved General Obligation… Read More
Reducing Utility Costs and Addressing Tenant Concerns
March 12, 2024 by
Dear Landlord: As we continue to navigate the evolving landscape of property management in San Francisco, I wanted to bring to your attention some pertinent information regarding utility costs in our buildings, tenant concerns related to PG&E bills, and proactive measures we can take to address these issues. Recently, we have received an increasing number… Read More
Important Update for California Landlords: Understanding the New Civil Code on Micromobility Devices
January 11, 2024 by
Dear California Landlords, We trust this message finds you in good health. We are reaching out to inform you about recent legislative changes that directly impact landlords in the state of California. The introduction of new Civil Code provisions related to micromobility devices (i.e. e-bikes, electric scooters, hoverboards, etc.) necessitates your attention to ensure that… Read More
Using the Principles of Persuasion to Negotiate with Tenants
October 26, 2023 by
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
Unlocking Financial Returns: The Pawsitive Impact of Allowing Dogs in San Francisco Buildings
September 21, 2023 by
Dear San Francisco Landlords, In recent years, there has been a significant shift in the real estate market, with tenants increasingly seeking pet-friendly housing options. As the demand for pet-friendly rentals continues to rise, property owners are discovering that embracing this trend can lead to substantial financial returns. In this newsletter article, we’ll explore the… 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
San Francisco Board of Supervisors Must Approve Changes to Planning Code for a Better Future
July 10, 2023 by
San Francisco is a city known for its beauty, diversity, and economic opportunities. However, it also faces significant challenges in terms of housing affordability and availability. To address these pressing issues, the San Francisco Planning Commission has approved changes to the Planning Code, offering a promising solution. Now, it is crucial for the Board of… Read More