Today, I want to give you a little information about San Francisco’s new residential parking tax. This is a tax on apartment building owners who rent out parking spaces to non-building residents. So, if you have an apartment building and everyone who has a parking space lives in your building, this will not affect you. [...]
How to Be a Landlord in San Francisco: Handling Accounting and Security Funds
Today we are talking about how to handle security deposits and other accounting when you are a landlord in San Francisco. There are no special rules in San Francisco regarding how you hold a security deposit. In California, you do not have to keep your security deposit in any special escrow account. You can mingle [...]
San Francisco Property Management Advice: Property Inspection How-To
The best advice I can give you about property inspections in San Francisco is this: Do them. Do them every year. You need to walk through the property on an annual basis and inspect every nook and cranny. You should check every unit, every bathroom and every closet. The purpose is to see what’s going [...]
San Francisco Property Management Advice – How to Look for an Investment Property
If you are looking for an investment property to buy in San Francisco, what do you look for? Obviously, a good real estate sales agent will be able to help you with the property details that you desire. But there are unique things to consider when you are buying an occupied apartment building or property [...]
Property Management Advice: Should You Remodel your San Francisco Home Prior to Renting?
Today, we are talking about whether you should remodel your San Francisco property prior to renting it out. The answer is: it depends. If the house is looking tired and you have a really old kitchen and really old bathrooms and you can afford to remodel, then yes, you absolutely should remodel it. Today’s tenants [...]
Relocating from San Francisco? How to Decide to Sell or Rent your Home
The question we’re debating today is whether you should sell or rent out your home when you are leaving San Francisco. As you consider that question, please take a look at the blog I wrote in February of 2012, which is called “Thinking about Renting out Your Home in San Francisco?” There is a lot [...]
Property Management Advice – San Francisco Rental Agreement
In San Francisco, we face a unique set of rules and regulations for a San Francisco rental agreement when it comes to renting out property. While I am not a lawyer and I cannot give out legal advice, I’m happy to help San Francisco landlords by sharing what I’ve learned over the years. There are [...]
Property Management Advice: Why is Rent so High in San Francisco?
As someone who has been in the San Francisco residential rental market for 25 years, I have seen the rental market go up and go down, but overall the trend has been upward – with asking rents rising on vacant units. Right now the San Francisco rental market is up, with asking rents for available [...]
How to Be a Landlord in San Francisco: Pricing Your Rental with the Market
I have been asked to talk about how to price your rental if you are a landlord in San Francisco in today’s market. My 25 years of residential property management experience in San Francisco will hopefully help you determine how to successfully price your rental. Right now, the rental market in San Francisco is kind [...]
Why You Need to Hire a Property Management Company in San Francisco
People who invest in residential properties in San Francisco often wonder why they might need a property management company in San Francisco. The main reason is that real estate is an active investment. No matter where you are buying real estate for investment purposes, you cannot afford to be passive. Investing in real estate is [...]