Property Management News
The Department of Building’s No-Penalty Inspection Program returns from May 19 to June 30, when homeowners, small landlords and small business owners can schedule free inspections to make sure their properties are safe and up to code. There are more than 1 million buildings across New York City, and the majority—approximately 75 percent—were built before 1960. Starting next week, the city will offer free inspections to homeowners, small business owners and small landlords “who are concerned about the condition of their properties, potentially looking to make repairs, and need guidance on how to begin that work,” the Department of Buildings (DOB) announced Monday. DOB has been... Read more
As weather gets warmer, it becomes easier to begin projects that would have been difficult or even impossible to complete during the wet and cold of winter. Here are...
As spring emerges, landlords must address common roofing issues post-winter, such as misaligned shingles, blocked gutters, worn membranes, chimney damage, and nesting...
Have you ever wondered how some investors always seem to spot hidden gems—the kind of properties everyone else overlooks? More often than not, those hidden gems are a...
A well-maintained property isn’t just about keeping things looking nice. It plays a crucial role in tenant satisfaction, lease renewals, and long-term property value....
It’s not always sunshine and roses at an apartment. Here’s what to do when residents complain. As a current homeowner, let me tell you, living in an apartment was awesome. A broken toilet? AC on the fritz? Unplowed driveway? When I was in an apartment, this all was someone else’s responsibility. But, somehow, these are now my problem to fix? No thank you. That said, apartment living isn’t all sunshine and fixed toilets. There are a bunch of things that annoy renters. And as a property manager, it’s your job to smooth things over. Here are a few renter pet peeves—and how to avoid them. Pet peeve: Noise. Somehow, in every apartment building, every resident above the... Read more
Choosing between repairing or replacing an HVAC system in an apartment can be challenging. Factors such as the age of the unit, repair costs, energy efficiency, and...
The first day of spring means beautiful blooms and sunny days ahead, but for landlords and property managers, spring also brings spring maintenance tasks for your rental...
What happens if someone gets hurt on your rental property? As a landlord, you need to be prepared. Whether it’s a slip, a fall, or another accident, knowing your legal...
Investing in multifamily properties is an excellent way to grow your portfolio and generate steady passive income. By focusing on a few simple steps, the process becomes...
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