What Does a Property Manager Do?

A condo, co-op, or HOA can be significantly impacted by a property manager.

Here are some things you should anticipate from your property manager.

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Common Mistakes to Avoid When Hiring a Property Management Company

Hiring a Property Management Company can be a smart decision for property owners looking to reduce their workload and maximize their profits. However, not all property management companies are created equal, and making the wrong choice can lead to headaches and financial losses. To ensure that you choose the right property management company for your…

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Major Problems Faced by Landlords and How a Property Management Company Can Help

As a landlord in Clinton Hill, managing your properties can be a challenging and time-consuming task. Whether you own a single-family home, a multi-unit apartment building, or commercial property, there are many potential pitfalls that can impact your bottom line. Here are some of the most common problems faced by landlords in Clinton Hill and…

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NYC Rent Stabilization Rules Surpass Landlord Challenges

A federal appeals court decided on Monday that the tenant-friendly adjustments made to New York City’s rent stability laws in 2019 were constitutional, rejecting two complaints from landlords. The New York City Rent Stabilization Law amendments were upheld by the US Court of Appeals for the Second Circuit on the grounds that they adhered to…

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Landlords Can Take Advantage of 15 Tax Breaks This Tax Season

If you don’t know the rules, it’s difficult to win any game. It’s no different as a landlord. It can frequently feel like a game of chess where the pieces are always shifting as you balance meeting the requirements of your tenants, making timely insurance and mortgage payments, and settling up at tax time. Success…

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What to Charge for Rent in an Environment of High Inflation

When determining a reasonable market rental rate during a period of significant inflation, it’s critical to stick to the fundamentals. Look for comparable property prices in the area to establish a benchmark before deciding on the rent. Then, to vary from the base rent, take into account additional elements such as location, amenities provided, unit…

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Six Budget-Friendly Rental Property Renovations

Rental renovations are a terrific method to draw in new tenants and raise the value of your home, which will allow you to charge higher rental rates and boost your income. There are various rental improvements you as a landlord may do, all for less than $1,000. Some low-cost remodeling suggestions include outside improvements like…

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Are You Setting Too Strict a Standard for Tenant Screening?

You must have objectives in mind as a landlord when looking for the ideal tenants for your rental property. How can you determine if your tenant screening standards are too stringent, though? Overly tight tenant criteria can make it difficult for you to fill openings or perhaps cause you to ignore qualified candidates. Your screening…

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