Did you know that apartment prices, just like the price of gas, can change daily? You may wonder how this is possible. The real estate market in New York City is ever-growing, and the law of supply and demand also affects fluctuating apartment prices. An apartment you visited…
If you own a rental property, it’s essential to have a property management company to help you with the day-to-day tasks. A property manager can handle everything from marketing your rentals and finding high-quality tenants to handling maintenance issues and assisting with legal processes. Here are the best…
Being a landlord can be extremely difficult. This is doubly true if it’s your first time. To help make things easier for you, we thought it would be useful to put together a couple of tips that should help you become a better landlord. If this is something…
It’s helpful to understand what a property manager does, whether you wish to work with one or become one yourself. In general, property managers handle administration, operation, and upkeep on behalf of the property owner. Their responsibilities may include advertising, screening renters, and tracking rental payments. Although the…
Investing in rental properties can be a great way to make money, but it’s not without its challenges. From finding the right property to dealing with repairs and maintenance, there are a lot of potential problems that new landlords need to be aware of. Here are the four…
Acquiring property in New York is often a good investment. There’s always a demand for housing in New York, so renting out your property can be an excellent source of income. But if you want to maximize your profit and make the most out of your investment, you…
If you’re making money as a landlord, it may be quite fulfilling. A single rental property is often manageable for most investors. Even a person with a bit of an appetite may manage two or three at a time. However, self-managing your rental properties might quickly become a…
Many people believe that it could be extremely tricky to verify a prospective tenant and their application. For one, the landlord or property owner must verify the renter’s claims. Some applicants may even submit misleading or incorrect information, such as bogus “prior landlord” or pay stubs. However, there…
Owning a rental property is one thing, but managing it is an entirely different affair. It requires a lot of hard work and is by no means a get-rich-quick scheme. This is especially apparent as the business grows and involves multiple rental properties. Let’s look at some of…
Without responsible renters, no matter how well-equipped a rental property is or how desirable a location it is in, it is practically useless. It’s no secret that landlords and renters are frequently at odds, with neither side believing the other fully understands their plight. While you don’t have…