THE SAN FRANCISCO BAY AREA IS FAMOUS FOR
ITS RESTAURANTS, PICTURESQUE SKYLINES DOTTED WITH STREETCARS,
LIBERAL VIEWS AND AN EXTREMELY HIGH PERCENTAGE OF RENTERS.
No doubt about it, San Francisco is a very “tenant friendly” city,
with policy and legislation protecting tenants’ rights.
That said, many urban property owners might find this intimidating
and fear the worse from a landlord-tenant relationship. Oftentimes
owners find themselves on the fence when considering whether
to sell or rent their property. Here are just two key elements
that need to be considered before you contact your agent:
- What makes sense to you? When considering your options,
it is always best to do as much research as possible. Urban
Bay/Lofts Unlimited’s Rental Department is available
to answer many of your questions regarding landlord/tenant
issues. As agents acting on behalf of Bay Area property owners,
it is our job to keep informed of new legislature or local
policy affecting landlords and tenants alike. Other valuable
resources can be found online within legal help sites, and
keeping in touch with your HOA can offer insight into specific
scenarios.
- Negotiating lease terms. If you’ve decided to rent
your property, you will need to ask yourself several questions.
For example, how long do you anticipate having a tenant?
Do you plan on returning to the property in a year? Do you
eventually plan on selling? What is your financial bottom
line? Do you intend to exclude storage for your personal
needs?
These are just two examples of the many elements involved
when considering to rent your property. Every individual owner
has individual needs. They will affect the overall marketability
of your property and should be communicated to your agent for
a smooth transaction.
For a complete market evaluation of your loft, condo or single
family home, contact Lofts Unlimited’s Rental Department
at 415.901.2769 or
.
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Spring 2004 Table of Contents 
