Being a landlord in Flatbush can be a rewarding investment opportunity, but it comes with a host of responsibilities and potential challenges. Managing properties, dealing with tenants, and navigating the...
HOW FREQUENTLY SHOULD THE BOARD CONDUCT A RESERVE STUDY FOR YOUR BUILDING?
May 9, 2023 You can learn more about the modifications required to keep your apartment complex running by ordering a reserve study. A reserve study should happen every three to...
FOR THE FIRST TIME, GAS STOVES ARE PROHIBITED WITH NEW CONSTRUCTION IN NEW YORK.
May 9, 2023 The installation of natural gas stoves and appliances in new apartment complexes is prohibited for the first time in New York. The measure is part of the...
THE CHALLENGES OF MAINTAINING CONDO BUILDINGS
May 6, 2023 Owning a condo can be a great investment, but managing and maintaining it can be challenging. Many condo owners face a range of issues from maintenance and...
CHATGPT IMPLEMENTATION IN THE PROPERTY MANAGEMENT SECTOR
May 3, 2023 The AI-powered chatbot ChatGPT, which employs machine learning and natural language processing (NLP) to produce human-like conversations, has the potential to be used in a variety of...
WHAT CAN YOU DO IF YOUR TENANT IS UNABLE TO PAY RENT?
April 26, 2023 15% of American households had unpaid rent as of last fall. Landlords encounter tenant issues as more people struggle to make ends meet due to rising inflation...
RENT-STABILIZED APARTMENTS THAT ARE VACANT WILL BE REPAIRED BY THE CITY
April 20, 2023 Although some owner groups claim it won’t be enough, the city is establishing a $10 million pilot program to assist landlords in repairing unoccupied, rent-stabilized apartments. According...
HOW TO MAKE RENTING IN NEW YORK A BREEZE
April 19, 2023 It’s not simple to rent in New York City. Finding the ideal apartment can be challenging and overwhelming due to exorbitant rents, constantly shifting lease obligations, and...
THE MOST COSTLY HOA FEES
April 17, 2023 A joyful and useful living environment is produced for community members by well-managed HOAs. In HOA-governed areas, property prices are frequently greater. Fantastic benefits like access to...