Homeowners renting out space must follow tenant-landlord rules

Rules that apply in traditional apartment complexes typically apply in homes, such as maintenance and repairs, limits on a landlord’s right to enter the rental space and security deposit requirements.

 

Question: In these tough financial times I think a lot of people (myself included) are considering renting out part of their home, if not already doing so. I haven’t been successful in trying to look up what the law says about renting a room or part of your house. I read this is different from renting a duplex or regular rental property. Can you provide any guidance?

Answer: Your question is timely because many homeowners facing mortgage or other economic stresses are looking at room rentals as an option to increase their income. Most of the state laws governing tenant-landlord relationships in traditional apartment complexes apply equally to the room rental you are describing. For example, the requirements for performing maintenance and repairs, the limits on a landlord’s right to enter the rental premises and the security deposit requirements all apply.

Click here to read the full article… Homeowners renting out space must follow tenant-landlord rules.

Rented – Large and Chick Cow Hollow 5 Bed 4.5 Bath Home

Completely renovated chic modern home in the highly sought after Cow Hollow neighborhood. Enter through the front door on Filbert St. to the large formal living room with a massive double sided fireplace. The fireplace separates the living room and dinning area. Custom light fixtures in the dining area illuminate the space.

back yard

  • $ 10.000
  • Deck
  • Yard
  • Patio
  • Garden
  • Fireplace
  • Pet-Friendly

The home features so much more and is ready for a new occupant! Deposit is negotiable and pets are welcome!!!

For more information and pictures click here or call Dawn Cusulos 415-678-8854

SFAA Property Manager of the Year – Nathan Murdock, AMSI


Property Manager of the Year (500-Plus Units): Nathan Murdock, AMSI
by Heather Boerner, SFAA

As head of the property management division for AMSI, Nathan Murdock has served small and large property owners for 11 years. In that time, he’s learned the attention to detail that allows him to follow up on any request, no matter how small, and learned the best way to serve property owners’ interests. “Property owners rely on me more than ever in this economy to look after their best interests, keep expenses low and maintain efficient rent collection so that cash flow remains steady during this slow economy,” he says. “I am most proud of my dedication to service the property owner’s best interest.”

This is Murdock’s first Trophy win, and the honor means a lot to him. “I feel truly honored to win this award from such a well-respected industry organization as the SFAA,” says Murdock, who keeps his award on his desk so all his clients and colleagues can see it. “I look forward to throwing my name into the ring again next year. I am always thrilled to be involved in San Francisco Apartment Association events.”

http://www.sfaa.org/february2011/1102_boerner.html

Learn more about the AMSI Property Management Services.

Visit Nathan’s website to learn more about him!
Follow Nathan on Twitter

Earning Money Whenever Your Property is Vacant

In a previous post I wrote about more flexibility with corporate housing for homeowners. How one of the biggest benefits is that homeowners can still use their own property due to short-term tenants. If you missed the article you will find it here: More Flexibility with Corporate Housing.

However, this is just one of the many benefits of corporate housing. The biggest benefit is the money homeowners can make out of renting out their vacant property. Whenever a property sits vacant it costs homeowners money. Instead why not renting it out to qualified corporate clients and earning money whenever the property is vacant?

Is your property oftentimes vacant and costing you money as well? Then learn more about our corporate housing program.

RENTED – Fabulous Furnished Executive Loft in the Incomparable Oriental Warehouse**Available September 1st**

Experience San Francisco in this stunning two floor furnished luxury loft located in the historical Oriental Warehouse which is a San Francisco trophy building.

Watch the property video on Animato here.

This loft located in the heart of South Beach off the Embarcadero is a rare brick and timber loft, originally built in 1865 and converted to lofts in 1996, beautifully decorated in a high tech style by Montage Interiors with much use Italian Scavolini cabinetry, polished concrete, marble, steel and glass.

The location on Delancey Street is centrally located to downtown and South Beach which is one of the trendiest areas of San Francisco boasting fine eateries and bars and only 2 blocks from the SF Giants Ballpark. The entrance to the Oriental Warehouse, which is named for the rare Asian silks and artwork that were stored there by trading ships in the 1800s, is through dramatic 15ft steel arched doors which lead to a 4 story lobby. This loft is located on the top floor.

The loft has been beautifully designed as live-work space that uniquely combines sophistication, creativity, beauty and high tech so that it can function as a high tech office for a business exec or as the perfect place to give yourself an incredible experience in San Francisco.

Main Level has a bar, kitchen, dining & entertainment area and a polished concrete & marble bath.

Upper Level Loft has an open area that overlooks the lower living area. The Loft functions as the second bedroom and has a high end queen sofa bed with a posture-pedic mattress. A walkway leads into a large private bedroom with queen size bed adjoining to a private bath and walk-in closet.

AMENITIES

– Bar – 20 foot ceilings – Two story wall of windows and 2 sky lights – Philippine ebony flooring – Dramatic Scavolini red lacquered kitchen cabinetry with stainless steel countertops – Dishwasher – Microwave – Home Entertainment system with a 6ft tx 9ft projection screen (feet not inches !!!)

ACTIVITIES

  • 2 Blocks from the SF Giants ballpark
  • Walk out the front door and jog by the Bay along the Embarcadero or Sit on a bench on the beautiful Embarcadero and watch the ships from around the world sail in under the Bay Bridge
  • Walk to Downtown, Union Square, Museum of Modern Art, Yerba Buena Center and many great shops
  • Walk to the farmers market
  • Walk to world class restaurants, Slanted Door, Momos, Le Suite etc.
  • Walk to famous boutique eateries such as Red’s Java Hut
  • Public transportation MUNI/BART located at your door
  • 2 blks to 80/Bay Bridge/101S

Please call David Klampert at 415-447-2064 if interested. Or email dklampert@amsiemail.com

Apply online at http://www.on-site.com for Property 00DE6405

Available September 1st. $4,200 per month on a one a year lease. Parking and storage included. Water and garbage included.

This unique loft is NOT available unfurnished and no pets allowed.

See more pictures. For more information or to schedule a viewing contact David Klampert 415-447-2064

For Rent! Exclusive Private Tiburon Bayside Home – Elegantly Furnished with Expansive Bay Views….

Elegantly FURNISHED Home with expansive bay views and a cozy interior.

Hot tub on one of many decks and PRIVATE – over 1 acre of land next to open space. Master Suite on separate level with double baths, deck, and sitting room/office with fireplace.

Main Level: Living Room (baby grand piano) with fireplace and large deck with hot tub, Great Room with dining table and high ceiling open to Kitchen with granite/stainless , a Formal Dining Room, and 3 additional Bedrooms plus baths.

Available October 1, 2011. Min. 3 Months Stay

Non-smoking.

Dog considered with increased deposit.

  • 4 Bed
  • 4 Bath
  • Pet-Friendly
  • Deck with Hot Tub
  • Patio
  • Fireplace
  • 2 Car Garage Parking
  • 180 Degree View of San Francisco
For more pictures and information contact Jill Gordon at 800 847-3127

More Flexibility with Corporate Housing for Homeowners

Are you a homeowner and want to be more flexible in renting out your home or investment property? The biggest benefit of corporate housing is, that the property will be occupied by short-term corporate instead of long-term clients. This allows homeowners more flexibility since the private use of their property in between of guest reservations is always possible. Usually a stay is for 30 days or more but can vary to a weekly or daily stay as well, depending on the arrangement with the owner.

Do you own a furnished property and want to be more flexible as well? Then learn more about our corporate housing program.

Corporate Housing Compared to Hotel Accommodations

Corporate Housing Compared to Hotel Accommodations

Corporate Housing AMSIAre you wondering about how you or your employees benefit by Corporate Housing compared to a Hotel stay?

A hotel is the provision of a basic short-term accommodation, which is essentially a room with basic amenities and furniture. Corporate Housing by comparison means that you rent a fully furnished apartment, condo or house on a temporary basis.

More space and comfort

When you rent a fully furnished place instead of a room in a hotel, you will have a separate living room, which will give you more space and freedom. Your stay will be more pleasant due to more comfort in a homelike environment.

Own kitchen and dinning area

Would you rather dine out or do you prefer a kitchen where you can cook your own meals? A hotel serves expensive food and drinks within certain stated hours. If you would rather cook your own meals, save money and eat whenever you want, then corporate housing and having your own kitchen is the better choice for you.

The costs are less

Have you made the calculation of cost per night yet? Corporate Housing is much less expensive then a Hotel Stay and offers you much more comfort at the same time.

Desirable locations

When it comes to the location, Corporate Housing is more flexible. Apartments, Condos and Houses are located in desirable locations in the prime neighborhoods, often residential areas. Hotels are usually located in non-residential commercial areas, whereas corporate housing is where the locals live and play.

When you are considering whether to choose Corporate Housing or a Hotel, you need to first determine what your preferences are. If you prefer a homelike environment, want more space and to live and experience the city in a the same way as the locals, than Corporate Housing is the best fit for your housing needs. Also consider that Corporate Housing is less expensive than a Hotel per night.

Are you excited about Corporate Housing now? Then read more about short-term housing.