Property Management Blog

Streamlining Lease Management: Tools and Best Practices for Commercial Properties in New York

Over half a million people moved out of NY in 2022. Retaining tenants is half the battle of rental investments.That's why effective lease management is essential for commercial properties. Fast, responsive, and informed management can impact occupancy rates and profitability....

Top Tips to Attract Tenants in a Tough New York Market

Gen Z's desire to live the NYC lifestyle has driven vacancy rates down to a historic low of 1.4%. If your real estate in New York is still empty, you've likely neglected current rental market trends. You'll lose thousands in potential revenue every month the longer it...

What's Next After Buying Your First Rental Property in New York?

You've just taken the leap into the world of real estate investment by snagging your very first rental property in the Big Apple. But hold onto your hats, because this is just the beginning of your exciting journey into the lucrative world of real estate.From navigating the b...

Choosing the Right Property Management Services for Your Commercial Property

You're the proud owner of a thriving commercial property, bustling with businesses and brimming with potential. However, with success comes responsibility, and managing every aspect of your property can be overwhelming.That's where the right property management services c...

The Role of Commercial Property Managers: Essential Responsibilities and Skills

With the pandemic still causing turmoil in real estate trends, strong commercial property management is more important than ever. If you're not able to stay on top of the changing times, your property business will suffer.This is why hiring a professional commercial property ...

Advantages of Professional Risk Management for Commercial Properties

Real estate is complex, and owning a commercial property is always full of potential pitfalls. A sudden fluctuation in the market or an unprecedented crisis can turn your booming business into a sinking ship.This is why professional risk management for commercial properties is so...

Foreclosures: Should You Take Advantage of These NY Auctions?

January saw an uptick in foreclosures in almost 20 states, including New York.Foreclosures are tempting for those seeking real estate deals in New York. Whether you're an investor or a prospective homeowner, delving into foreclosed properties can come with significant benefit...

Legal and Optional Property Maintenance Responsibilities for Tenants

Have you ever been in a situation where your rental needs a repair or maintenance, but you were unsure who would be responsible for it when the bill came?Property maintenance and repairs can be murky and uncomfortable things to think about. No one wants to lose their security dep...

How to Decrease Vacancy Rates With Creative Rental Leasing Strategies

As of February 2023, Manhattan experienced a 3% increase in active vacancy listings. In the competitive real estate market, finding innovative ways to attract tenants can be a game changer for property owners.This article explores creative rental leasing strategies to help fill t...

Essential Tips for First-Time Landlords in New York

You're finally ready to buy your first property in the Big Apple. This is an exciting time! Are you ready to be a first-time landlord?Being a landlord is tougher than it looks online. We've assembled a few of our tips, from conducting a rental analysis through enlisting t...