Property Management Blog

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...

How Property Management Can Help You Protect Your Investment Property

New York City is home to over 2 million rental properties.Becoming a real estate investor in the country's biggest real estate market is no small feat. If you're going to put up millions of dollars to invest in real estate here, you'd better take care to protect that ...

Avoiding Rental Nightmares: Red Flags to Look for During Tenant Screening

Over 44 million American households are renters. Renting out a property can be profitable, but it can also have its fair share of challenges. One aspect that can make or break your experience as a landlord is tenant screening.Selecting the right tenants is really important. It he...

5 Real Estate Asset Management Best Practices for Rental Property Investors

Your commitment to your real estate portfolio could be dragging you down as busywork starts to pile up. For many investors, handling a large selection of locations can start to be a real burden if it is new to them. Would you know how to make real estate asset management easier i...

Tenant Evictions in NY City: A Guide for Landlords

With an average rent of $5,600, being a landlord in New York is a lucrative business. That is, of course, until you have to deal with evicting a tenant.On top of the eviction process stopping you from filling the vacancy, NY laws can make things even worse. See, New York has spec...

Real Estate Market in New York City: Trends, Predictions, and Tips for Investors

NYC is notoriously expensive. It's the Mount Everest of investment for people in many fields, and real estate is no exception.So, how do you become a truly successful NYC real estate investor? Read on for our top tips for navigating the real estate market in New York City.Inv...