5 Reasons behind the Fluctuations of Apartment Prices in NYC

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…

Why You Should Hire a Property Management Company

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…

4 Useful Tips for First-Time Landlords in New York City

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…

Considering Whether You Should Hire a Property Manager

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…

What Are the Challenges of Becoming a Landlord

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…

What to Consider When Choosing a Property Management Company

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…

How Difficult Is It to Manage Multiple Properties Alone?

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…

Signs to Help You Recognize a Fake Rental Application

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…

5 Apartment Management Challenges Every Landlord Has to Face

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…

Qualities You Should Look For in Good Apartment Tenants

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…