Property Management News
New York City homeowners can now apply to add basement, attic, and backyard apartments to their existing properties. On Tuesday, the city launched an applications portal for ancillary dwelling units (ADUs) at one- and two-family homes across the five boroughs, a key part of Mayor Eric Adams’ City of Yes housing plan that passed last year. Adams also announced the “ADU For You” program to provide guidance and resources, including design help, to homeowners building ADUs. “Too many New Yorkers are forced to choose between having a roof over their heads in an Ancillary Dwelling Unit or living in safe, regulated housing. New Yorkers no longer have to choose,” Adolfo Carrion, Jr.,... Read more
What Is a Value Add Opportunity? A value add opportunity in real estate is a strategy. Investors buy properties that are not doing well. They make improvements to...
Aging apartment buildings may not grab headlines like shiny new developments, but for multifamily investors, they’re often the real hidden goldmine. Across the U.S.,...
In April 2023, as a bitter debate raged between landlords, tenants and policymakers over how to bring vacant, low-cost apartments back to the rental market during a...
Roughly 62% of Americans own a pet, according to Pew Research Center. Of those pet owners, nearly all consider their animals part of the family. Yet many landlords still...
Improving your rental property isn’t just about aesthetics—it’s about making the unit more appealing, reducing vacancies, and attracting quality tenants. In a competitive rental market, strategic upgrades can help you command higher rent, lease faster, and reduce maintenance calls long-term. Not all improvements offer the same return on investment, but the following upgrades have a proven track record of increasing rentability and tenant satisfaction. Determine Your Rental Property Upgrade Budget Start with a solid budget. Think about your target rent, the condition of the property, and what similar units in your area are offering. For small projects, paying in cash keeps things... Read more
Deciding between single-family and multi-family property investments is a pivotal choice for both new and experienced investors. While both options have their place in...
When listing a rental property, landlords often face a crucial decision: should the home be rented furnished or unfurnished? Each option offers its own set of...
Of all the advantages that are offering by REI one component that is missing is the ability to either defer taxes (traditional retirement account) or pay them up front...
When most new investors think about getting into real estate, they picture buying a single-family home or maybe a small multifamily property. But with home prices...
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