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New York Eviction Laws: Rights and Responsibilities for Landlords and Tenants
New York Eviction Laws: Rights and Responsibilities for Landlords and Tenants
Navigating New York’s eviction regulations can be a confusing maze for landlords. Due to evolving laws, intricate processes, and tenant safeguards, landlords need to be well aware of their rights and obligations. This comprehensive guide will give you the information you need to handle the eviction process in the Empire State, regardless of your level...
Avoid 9 Costly HRA Tenant Mistakes
Avoid 9 Costly HRA Tenant Mistakes
Housing assistance programs are offered by HRA, the New York City Human Resources Administration, to ensure low-income tenants access safe and stable housing. These programs allow property owners to rent steadily from tenants, but dealing with HRA tenants can be more cumbersome. Costly mistakes in managing such properties lead to losses and legal issues for...
Tips to Reduce Water Bill Costs and Electricity Bill Costs with Expert Utility Management For Your NYC Property
Tips to Reduce Water Bill Costs and Electricity Bill Costs with Expert Utility Management For Your NYC Property
Utility management is a big part of being a property owner in New York City. The high cost of living and strict utility regulations can add up to big water and electric bills for property owners. Reducing these costs saves money and suits the environment and your tenants. Expert utility management helps achieve these goals...
How to Maximize Rental Income with Professional Property Management
How to Maximize Rental Income with Professional Property Management
  A rental property can be a good investment, but it requires experienced management to realize maximum potential in many cases. For property owners with several rental houses or newcomers to renting, dealing with tenant requests, maintenance issues, and legal compliance often feels like more hassle than it’s worth. Professional property management companies in NYC...
Top Property Management Challenges in the Bronx and How We Solve Them
Top Property Management Challenges in the Bronx and How We Solve Them
The Bronx is a borough of New York City full of energy. This creates property investment opportunities that you won’t find in other places. However, property management in the Bronx has its challenges. Every landlord or real estate investor must comprehend these challenges and know their solutions to run property operations successfully. In this blog...
The Benefits of Hiring a Property Management Service for Your Single or Multi-Family Home
The Benefits of Hiring a Property Management Service for Your Single or Multi-Family Home
  Quality property management is often beyond the reach of the small property owner today, especially in managing single or multi-family homes, as the property market tends to be very active. Property management has adopted its crucial role in meeting heightened tenant demands and legal requirements. It’s a significant benefit for you to hire a...
A Property Owners Guide To The 1031 Exchange
A Property Owners Guide To The 1031 Exchange
Real estate investing can be exciting, offering passive income and long-term capital appreciation. However, one of the main challenges property owners face when selling a property is managing capital gains taxes upon selling. Luckily, IRC Section 1031 provides an effective tool for deferring these taxes: the 1031 exchange. In this comprehensive guide, we’ll explore all...
6 Essential Tips for Converting Your Home Into a Rental Property in NYC
6 Essential Tips for Converting Your Home Into a Rental Property in NYC
The rental market in New York City (NYC) is a goldmine of opportunities. With a growing population and limited housing supply, many homeowners are exploring the option of converting their properties into rental units. This not only helps meet the city’s housing demand but also offers a lucrative source of income. However, this endeavor requires...