The San Francisco Board of Supervisors has approved New In-Law construction for Districts 3 and 8. District 3 includes the North Waterfront, North Beach, Telegraph Hill, Financial District, Downtown, Nob Hill and parts of Russian Hill and Civic Center. Corona Heights, Duboce Triangle, Mission Dolores, Twin Peaks, Glen Park, Noe Valley and parts of Bernal… Read More
San Francisco 2015 Ballot Issues that Affect Landlords
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
How Small Property Owners Can Compete with New Developments
It seems every day there is a news article about San Francisco’s increasing median rents. They are the highest in the country. They are rising. You can see the most talked about data from Zumper here. But is this really a true reflection of what is going on all over the city? To see why this… Read More
Why We Need to Start Having a Conversation About Ending or Modifying Rent Control
There is no denying San Francisco is in the midst of a housing crisis as it is during every economic boom. Housing programs such as Section 8 and public housing help lower income residents and wealthy residents remain unaffected, but the middle class suffers. It is time for us to look at Rent Control to… Read More
Sign Petition to Oppose Senator Leno’s Ellis Act Bill, SB 364
On Tuesday, the Senate Committee on Transportation and Housing rejected SB 364, Mark Leno’s Ellis Act bill, by a 6-5 vote. Thanks to your amazing action and the great work of our coalition partners, we defeated SB 364 in its first Senate hearing! Unfortunately, Leno still has the opportunity to bring back the bill for… Read More
2015 California Legislation that Could Affect Landlords
Senator Mark Leno has reintroduced legislation affecting the Ellis Act. Mirroring last year’s bill, which was approved by the Senate last year but fell one vote short in the Assembly Housing Committee, Senate Bill 364 would force buyers to own a building for at least five years before they could evict tenants using the Ellis… Read More
Happy New Year! What to Expect in 2015
A new year brings new hope for us as landlords and unfortunately new determination for tenants’ unions to pass more tenant-friendly legislation. Landlords were successful in 2014 in knocking down some landmark legislation and court rulings aimed at making owning properties more difficult and costly, including SB 1439 (Leno) and Levin vs. San Francisco. 2015 vows to… Read More