Helpful Home Tips to Save Money
How to Save on Water Bills: Everyone knows that conserving water is good for the environment, but it is also good for saving money. Water conservation is simpler than you think. Here are a few quick and easy ways to save on your next water bill: 1.Repair a dripping faucet as soon as possible. A gradual…
Read MoreBreaking Down Fees For An NYC Apartment
Have you ever wondered about the fees of an apartment you are paying when you first move-in? Or what the purpose of these fees are? Broker FeeOne month’s rent is known as the minimum broker feeA rental broker’s fee normally ranges from one month’s rent to 12 to 15 percent of the total year cost.…
Read MoreNYC Tenant Screening Guide For Landlords
Selecting the ideal tenant is a crucial choice for any landlord. Finding a suitable property and obtaining good mortgage rates are both important for your success, but if you rent your apartment to a tenant who will eventually be evicted, all of your hard work will be for nothing. In the end, you want a…
Read MoreInflation and It’s Current Impact
The economy is currently experiencing a period of high inflation–and this is affecting everything in the economy. Why? The price of everything is going up. Ranging from food, gas, rent, and even travel expenses. Goods are costing double or triple what it used to be before the pandemic. What is Inflation? Inflation is defined as…
Read MoreThe Truth About Condo Maintenance Fees
The success of a condominium complex primarily relies on each individual owner paying their share of the monthly maintenance fees, which go to the building association. These fees pay for the upkeep and repair of communal facilities in condo buildings. Landscape maintenance, grounds upkeep, snow removal, garbage pickup, exterior wall repair and maintenance, roof maintenance, and…
Read MoreThe Eviction Process in New York
The eviction procedure in New York City can be highly drawn-out and challenging. There are numerous reasons why landlords may choose to evict tenants. However, landlords must follow the right procedures in order to evict a tenant, or it won’t go through. As required by state and local law, the process begins with providing the…
Read MoreHow to Choose the Right Property Management Company?
Property is a worthwhile endeavor with long-term advantages. As Owners, we know what it means toneed responses quickly to problems. It might be a source of income if properly managed. And if we don’t,we could face legal action and disgruntled customers pounding on our doors. Most people don’t knowhow to manage the property to optimize…
Read MoreThe Rise of Fraud in the Rental Industry
The process to apply for a rental unit looks much different than in years past. Rather than meeting with a landlord in person, applicants can send an application online without ever meeting face-to-face. While this convenience can provide landlords with a larger pool of applicants, it can come with a few drawbacks—most notably, fraud. Fraud…
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