Rent-controlled properties are special animals in San Francisco because of rent control. How old a tenant is, how long they’ve been there, and whether they have children all affect their rights and by extension the value of the property they occupy. A building’s history of occupancy also affects its value, as does whether all or part of it is vacant at the time it goes to market.
Learning how all these factors play into the value of an investment property can help you work them in your favor and identify better investment opportunities. If you already own an investment property, it’s vital to learn how and when you might be able to significantly increase the value of your property.
Enter “Marketing Tenant Occupied Properties”, a workshop presented by 1031 Exchange expert Leonard Spoto in conjunction with seasoned landlord attorney Daniel Bornstein, who is very good at explaining how to take advantage of tenant-occupied investment opportunities in San Francisco. The workshop takes place this Thursday, Jan. 10, beginning at 10 a.m. It will be located in Building C at the Fort Mason Center. Topics covered will include 1031 Exchanges and post-fiscal cliff rates, San Francisco rent control and tenant buyout agreements.
You can reserve a spot at the presentation by emailing me at cblase@paragon-re.com, or by emailing Leonard at leonard@ax1031.com. I’ll see you there!
Dreaming of San Francisco? Cece Blase offers local advice to San Francisco buyers, sellers and owners-- and feeds the dreams of those who wish they could live in Tony Bennett's 'City by the Bay.' Call 415-577-0809 or email cblase@paragon-re.com. www.ceceblase.com
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