San Francisco Rent Board Fee Amounts Current and Historic

Allowable Rent Board Fees For San Francisco – For 2015 Landlord May Collect $18.50 From Tenant

November 2015- Landlord May Collect $18.50 From Tenant

Total San Francisco Rent Board Fee for the 2016-17 Tax year is $37.00. Chapter 37A of the San Francisco Administrative Code allows the City to collect a per-unit fee for each residential dwelling unit that is subject to the Rent Ordinance. This fee funds the cost of operating the Rent Board. Fee is billed to the landlord each year on the property tax statement. The law permits landlord to collect a portion of the Rent Board fee from those tenants in occupancy as of November 1st of each year. A landlord is allowed to collect 50% of the cost of the fee from the tenant. if you have not collected rent Board fees in the past, you can collect back to 1999.

ReLISTO provide both landlords and tenants a easy to use calculator which makes calculating the rent board fee and security deposit interest a snap. Use the links in the table to visit.

ALLOWABLE RENT BOARD FEE PAYABLE TO LANDLORD

Date Range	Due	Date Payable	Board Fee Calculator
2015-2016	$18.50	Nov 1, 2015	Calculate
2014-2015	$18.00	Nov 1, 2014	Calculate
2013-2014	$14.50	Nov 1, 2013	Calculate
2012-2013	$14.50	Nov 1, 2012	Calculate
2011-2012	$14.50	Nov 1, 2011	Calculate
2010-2011	$14.50	Nov 1, 2010	Calculate
2009-2010	$14.50	Nov 1, 2009	Calculate
2008-2009	$14.50	Nov 1, 2008	Calculate
2007-2008	$13.00	Nov 1, 2007	Calculate
2006-2007	$11.00	Nov 1, 2006	Calculate
2005-2006	$10.00	Nov 1, 2005	Calculate
2004-2005	$11.00	Nov 1, 2004	Calculate
2003-2004	$21.50	Nov 1, 2003	Calculate
2002-2003	$21.50	Nov 1, 2002	Calculate
2001-2002	$16.00	Nov 1, 2001	Calculate
2000-2001	$16.00	Nov 1, 2000	Calculate
1999-2000	$16.00	Nov 1, 1999	Calculate

Certain dwelling units are exempt from the Rent Board fee, including owner-occupied units where no tenants also reside with the owner in the unit. Units where the rent is controlled or regulated by a government agency, including Section 8 certificate and voucher programs administered by the San Francisco Housing Authority, are also exempt from payment of the fee. Refer to Section 37A.1 of the Administrative Code for a complete list of exemptions. Chapter 37A is available for review at the Rent Board’s office. It can also be found on our website at www.sfrb.org.

Landlords may “bank” the Rent Board fee since November 1999 and collect it in a later year. This means that a landlord does not have to collect the fee in the year that it was due, but is entitled to collect the Rent Board fee in later years if they so desire. Banking only applies to fees assessed from November 1999 on. A list of prior Rent Board fees since 1999 is available at the Rent Board’s office and on our website at www.sfrb.org.

Section 37A.6 of the Administrative Code allows the landlord to recover 50% of the Rent Board fee from the tenant by deducting it from the security deposit interest payment due to the tenant each year. If there is no security deposit held by the landlord, then the landlord may bill the tenant directly. Landlords who pay the security deposit interest annually may bill for the Rent Board fee separately rather than deducting it from the interest payment owed.

The billing statement must specifically state the fee amount owed by the tenant for each year and the amount, if any, of security deposit interest due the tenant for each year owing. The bill should also state that the purpose of the fee is to fund the Rent Board, and that the fee is due and payable within 30 days of the date of the bill. Use ReLISTO’s Calculator to print out this summary!

Did My Landlord Correctly Raise The Rent?

Its common in both San Francisco and California for tenants to ask: “Can my landlord increase my rent”. Not only can higher rents stress a tenants ability to make ends meet but many local jurisdictions have rent control ordinances in place regulate increases. Cost to manage a property do go up so If its going to be done, it should be done in compliance with all applicable rules and regulations.

To make verifying rent increases a simple process for California residents, ReLISTO has made available to the public its Allowable Rent Increase Calculator to help both tenants and landlords determine proper rent increases including waiting times and dollar amounts. The calculator is easy to use and allows tenants to email the correct amounts directly to the owner for consideration. Both Tenants and Landlords can take advantage of its ability to either print or email the rent increase notice or summary

Below is a summary of some of the rules

California Rent Increase Rules”
For non rent controlled properties in California, including non rent controlled properties in San Francisco, the landlord is at liberty to raise the rent. They are however required to provide a certain amount of notice based on the percentage of increase. By entering the date, amount of increase, and other details the Allowable Rent Increase Calculator alerts the user if increase is within the states requirements.

San Francisco Rent Increase Rules
Many San Francisco residential properties built prior to June 1979 are considered protected under the city’s rent control ordinances. As such the landlord is only allowed to raise rent by a published amount. The Allowable Rent Increase Calculator works to determine allowable rents for San Francisco, including the calculation of Banked Amounts.

Get Started
To either verify or calculate an increase go to Allowable Rent Increase Calculator from there you will asked to enter non personal information to calculate the increase. By selecting View Report you can review in a full page format the information or modify specific data points.. Easy to use links will allow you to print or email the rent increase report or if you are a tenant a summary report.

Hacker Homes- A Growing Trend..

Rents too high? Not enough properties on the market? Cannot justify spending hard won funding on separate living and working spaces? Want to keep your development team in one location? These are some of the real challenges that up and coming entrepreneurs encounter when trying to move their team to San Francisco in an affordable manner.

To solve this dilemma, entrepreneurial disruptive thinkers think outside the box and find housing to move their whole team into. They encourage collaboration by selecting housing where they can put at least two people in each bedroom. They select housing that has an open social environment so team members can interact and comfortably work. They select housing in which food can be cooked on site saving time and keeping the team together.

Here is one of the comments we received regarding one of our properties and a 10 person team who was enrolled in an accelerator program.

“Cohabitating was great this summer. Having 2 beds in each room worked out very well, also the nature of what we were doing revolved around working 17 hour days and being together 24/7 — I guess that helped too. ”

ReLISTO specializes in acquiring contracts with local landlords to make their properties available for large groups. Not all of these properties are advertised. If you are interested in finding out more or to find a rental for your team, contact us directly at housing@relisto.com or call our number at 415-236-6116 and follow the menu

Renting Below Market Rate (BMR) Units In San Francisco

What steps need to be taken by developers to lease their San Francisco Below Market Rate Housing? It critical that these units be given priority as they can impact the grand opening of the market rate units in the same building. This posting gives a high level overview of the general steps and timeline.

If you are building in San Francisco be aware that the San Francisco Mayor’s Office of Housing and Community Development Below Market Rate (“BMR”) Inclusionary Housing Program requires some developers to sell or rent 12% of units in new developments at a “below market rate” price that is affordable to lower or middle income households. The program is governed by Planning Code Section 415 and by the City and County of San Francisco Inclusionary Affordable Housing Program. The program is administered by the Mayor’s Office of Housing and Community Development (“MOHCD”) and as of this writing, includes over 600 affordable rental units all around San Francisco. In most cases, BMR rental units are mixed into a larger market rate building. In a few cases, an entire building is made up of BMR units.

For a project to avoid delays in launching its market rate units, its critical that the process to rent the BMR units start at least six (6) months ahead of Final Inspection/ Certificate of Occupancy.There are three major components to launching and renting BMR units: Preparation, Marketing/Application Collection, and Selection.

Preparation: The Mayors Office oversees and approves the pricing and marketing of the BMR units. Part of this approval process is to ensure the project is creating an equal playing field and set of requirements between the BMR and Market Rate Units. What is asked or required from the BMR applicants, must also be required of the Market Rate applicants.

Marketing/ Application Collection: This is a 28 day process which includes advertising in a predefined number of print publications, including the San Francisco Chronicle or San Francisco Examiner, showing the property and accepting applications. The number of applications accepted and processed during this time can run into the thousands. This period culminates with a public “Lottery” in which names are selected from the pool of applications.

Selection: From the pool of names which were selected from the Lottery, applications are run and background information checked. If qualified, they are offered the unit to rent.

Each of these sections as outlined above is a very high level review of the requirements. Before beginning the process, its highly recommended that you spend a good deal of time with the Mayors office, or you seek professional assistance to ensure compliance with the rules and regulations.

For assistance in leasing your BMR units. Contact Eric Baird at eric@relisto.com or call 415-236-6116 x 101

ReLISTO is a San Francisco and Bay Area Residential Leasing Agency which provides services to landlords and developers to maximize their financial return on their furnished and unfurnished properties and secure qualified tenants. As a full service leasing agency we provide professional services and staffing to Housing Developers to properly submit and comply with the San Francisco’s requirements to rent and lease Below Market Rate Housing Units (BMR), Airbnb Support Services to maximize landlord bookings, roommate finding services and professional relocation services and placement.

Continue reading “Renting Below Market Rate (BMR) Units In San Francisco”

Big Bathroom -Small Space

To achieve top dollar when renting a large 5 bedroom, 9 bed furnished rental a landlord needs to provide as many bathrooms as possible. Equally important in drought stricken California is to have water efficient sinks and toilets to maximize conservation as well as properly manage the water bill.

This ReLISTO landlord did both. They fit a sink, toilet and shower into a spaced really designed for only two of the three items mentioned. In addition, the small basin of the sink and the high or low flow flush feature on the toilet helps to conserve water.. CLICK HERE TO SEE VIDEO

ReLISTO A San Francisco and Bay Area Residential Leasing Agency providing landlords Leasing Innovations, Services and Tools Online. We specialize in finding qualified tenants and maximizing the return on your investment property. We provide services to lease and rent unfurnished long term residential properties and apartments and through our corporate rentals division lease furnished interim housing to individuals and corporate entities. Other services we provide are: Airbnb Support Services, Roommate finding Services and Professional Relocation Services and Placement. Contact us at service@relisto.com

Allowable Rent Calculations with Reports For San Francisco and California

ReLISTO is proud to announce the launch of the Allowable Rent Increase Calculator, specifically created for San Francisco and California landlords, property managers, real estate agents and professionals who work with residential income property as well as for tenants seeking to verify allowable rents.

For Rent Controlled Properties in San Francisco the Allowable Rent Increase Calculator will:

Calculate rent increases
Track and Modify Anniversary Date based on rent increase date
Provide Total Percentage of Increase
Calculate adjustment to the banked rent increase percent or dollar amount
Print notices for tenants and landlords

For Non Rent Controlled Properties for the majority of California including San Francisco, the Allowable Rent Increase Calculator will:

Calculate rent increase
Provide information regarding compliance with the 30, 35, 60 or 65 day wait periods
Rent Increase Notices to send to Tenants

The Calculator has been developed and rigorously tested by professionals engaged in owning, leasing, and managing of rental property. Please see our list of FAQs or send us an email at calculators@relisto.com, we enjoy hearing from our users and love suggestions on making them better for our users.

Eric Baird

Why Sales Agents Should Partner with Leasing Brokerage

Creating a rental department (“in-house agent”) is an option for brokerages to further service their clients. We agree that leasing is a specialty which when done well can be a HUGE benefit to a sales agent or brokerage, helping increase the number of sales transactions and the retention of business. This being said, is it a benefit to create your own leasing agency or is it best to partner with an existing leasing brokerage? Over the next few posts, I will cover some of the many reasons that a sales brokerage should consider a partnership with an existing agency as their first choice.

Great post by Kris Taylor on the website Multifamily INSIDERS today. Kris writes, creating a rental department (“in-house agent”) is an option for brokerages to further service their clients. We agree that leasing is a specialty which when done well can be a HUGE benefit to a sales agent or brokerage, helping increase the number of sales transactions and the retention of business. This being said, is it a benefit to create your own leasing agency or is it best to partner with an existing leasing brokerage? Over the next few posts, I will cover some of the many reasons that a sales brokerage should consider a partnership with an existing agency as their first choice.

ReLISTO is a rapidly growing award winning San Francisco Bay Area based leasing and rental brokerage with eight agents, specializing in all aspects of residential and commercial leasing. We do not transact sales and provide customized solutions for sales agents to help meet their business objectives and service their clients. Questions? Drop us an email we are always happy to answer questions.

Afraid of renting to long-term tenants? Here’s a profitable alternative

Apartment hunters in San Francisco would be dismayed to learn that in this very challenging rental environment thousands of rent-controlled housing units are being held off the market. Although some units are kept off the market for personal or family use, many are simply kept vacant by owners who fear the potential legal and other complications associated with the City’s stringent rent and eviction control laws. For many of these owners, the risk of havoc that just one bad tenant can wreak on their pocketbook and psyche is enough for them to keep their rental unit(s) off the market.That said, however, many of these owners can ill afford the loss of income, and might welcome an alternative way to generate substantial additional income from their vacant or underutilized units.

..thousands of rent-controlled housing units are being held off the market.

What is “furnished housing?”

Furnished housing is typically associated with temporary accommodations. People who want or need to live in the city—visiting executives, vacationers, interns, even families whose own home is undergoing renovation, consistently opt for “turnkey units.” These rentals come at a premium. Furnished one-bedroom units, depending on condition and location, rent for $3,700 to $5,000 per month just by virtue of their turnkey condition and the city’s lack of inventory. Even furnished studios are seeing rents from $2,000 per month for smaller units up to $3,700 for larger ones. Furthermore, in California the owner of a furnished rental unit can charge up to the equivalent of three months rent as security deposit versus only two for an unfurnished one. Eric Baird, with ReLISTO, a company that specializes in furnished/corporate rentals, explains: “We present our properties as interim solutions, and they are priced as such.”

Furnished rentals meet a specific need

Take, for example, the extended vacationer or the out-of-town corporate executive faced with an average $200 per night or a $6,000 per month hotel bill, or a family of four needing a place for three months and forced to pay up to double that amount for a hotel suite. It’s likely that the owners of many of the rental units currently off the market could and would gladly accommodate such renters at a rate lower than a hotel but substantially higher than market rate for an unfurnished long-term rental. Maybe it’s time owners rethink the traditional San Francisco rental market and start targeting renters who need accommodations for less than a year. Consider that hundreds of companies are headquartered here, bringing in thousands of executives and interns. They all need places to live. And the controversy surrounding short-term rentals (with stays typically under 30 days) is absent from this class of rentals. Renting a San Francisco apartment for as little as 30 days is entirely legal.

..what keeps the resident from staying and becoming the long-term tenant?

Why is furnished housing different?

Why is furnished housing different from unfurnished in this rental market, and what keeps the resident from staying and becoming the long-term tenant you wish to avoid? The answer is of economics and circumstance. Someone paying hefty rent for a fully furnished unit and here for only a limited time is unlikely to become a holdover tenant. Typically, those who rent furnished homes are visiting the area or on temporary assignment, and more aptly fit the profile of a hotel guest than that of a long-term renter. They will pay substantially higher rents due to the convenience of a furnished home and the nature of their stay.

Hire a professional

With Bay Area rental and fair housing laws as stringent as they are, and with tenant rights groups and housing activists always looking for ways to curtail the rights of rental property owners, it is strongly recommended that owners of furnished rentals engage the services of a professional real estate firm to position the property properly. A good agency will create multiple levels of interest bringing the unit to the attention of a broader spectrum of qualified candidates.

Pick a good real estate agency based on its:

• knowledge and experience in setting best pricing.
• compliance with all fair housing laws. No landlord wants to be accused of discrimination just because he or she is seeking premium rent.
• inventory of at least 70 rental units.
• being part of a network that includes corporations needing housing.
• adequate advertising budget and breadth directed toward individuals and companies seeking housing.

Conclusion

If you’re keeping a unit vacant or otherwise holding it off the market because you don’t want a “tenant for life,” consider the benefits of the shorter-term furnished rental market: higher monthly rents, shorter tenancies free of the hassles or controversy of short-term rentals, and more control over your property.
ReLISTO Furnished Housing

Are you seeking short term, temporary, furnished, short stay housing?

Does one of the following describe your housing needs?

• A company seeking housing for an employee, contractor or executive.
• A business traveler in San Francisco on a short term job assignment.
• In San Francisco working on a development project.
• In San Francisco to produce a movie.
• In the Bay Area associated with a professional sporting franchise.
• Having your San Francisco home is being remodeled or painted.
• In San Francisco for medical reasons or supporting a loved one in one of San Francisco’s many hospitals and medical facilities.
The above list represents a few of the many reasons people come from around the world to stay in the City by the Bay. If you are in San Francisco for a minimum of 30 days, and require a furnished apartment, flat, cottage, condo, single family home, view penthouse or stately residence; we have options for you. Contact one of our knowledgeable agents for a personal evaluation of your housing needs and desires during your San Francisco experience.
We look forward to hearing from you!

How to reach us: service@relisto.com | 415-266-6116 ext. 2

ReLISTO specializes in renting unfurnished, and furnished temporary, short stay housing to corporations, business entities and individuals for periods of 30 days or more.

New Company Phone Number

At ReLISTO we are committed to making the rental experience as easy as possible for individuals seeking bay area rental housing. As such, ReLISTO recently acquired a new rental housing toll free number.. 855-688-RENT (7368)..

With this new number, individuals seeking San Francisco Bay Area rental housing can call using a toll free easy to recall telephone number. ReLISTO’s nationally advertises every one of our rental properties, and we frequently receive out of state calls from individuals relocating to the Bay Area for work. This provides this a free way to do so.

As a local company, ReLISTO telephone number is 415-236-6116

ReLISTO Blog