While I have not experienced an extreme emergency in the 10+ years I have been managing properties (knock on wood), the possibility and worry is constantly on my mind. Over the last couple weeks as I have began preparing an emergency preparedness plan for our office and each building we manage, as well as information… Read More
THE RISKS OF RENTING ILLEGAL APARTMENT UNITS
May 23, 2012 by
While I receive questions from my clients and potential clients about numerous issues each day, very frequently it seems like everyone has the same question. Sometimes this is provoked by a news article or pending legislation; other times it seems like pure coincidence. The burning question the last couple weeks has been “what are the… Read More
Are You Getting The Most Income From Your Properties? An Overview of Rent Board Passthroughs
March 2, 2012 by
Though the San Francisco Rent Ordinance tends to favor tenants by suppressing rents, there are ways to increase a tenant’s rent legally through Rent Board petitions. Capital Improvement Passthrough Operating And Maintenance Expense Increase Special Circumstances Increase Based on Rents for Comparable Units Rent Increase Based on the Past Rent History of a Proposition I… Read More
Investor’s Survival Guide
February 28, 2012 by
Daily challenges are inevitable for residential investment property managers–from the inconvenient clogged plumbing, to destructive tenants. Savvy, long-term investors know that the occasional challenges of being a landlord are far outweighed by the benefit of their investment. Below is some advice on how to handle or avoid the most common pitfalls of being a landlord…. Read More
San Francisco Rent Board Publishes Annual Rent Increase Amounts
February 28, 2012 by
Effective March 1, 2012 through February 28, 2013, the allowable annual increase amount is 1.9%. In accordance with Rules and Regulations Section 1.12, this amount is based on 60% of the percentage increase in the Consumer Price Index (CPI) for All Urban Consumers in the San Francisco-Oakland-San Jose region for the 12-month period ending October… Read More