Blog Post 5 Tips to Get More Tenant Lease Renewals in New City, NY

5 Tips to Get More Tenant Lease Renewals in New City, NY

The latest economic data for New York shows a sharp drop in rental vacancy rates in the last two years. Combined with the fact that more people are moving out of New York State than coming in, this tells the story that people are settling into their rental units for much longer.I...
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Blog Post Exploring the Real Estate Market in New City, NY: What Investors Need to Know

Exploring the Real Estate Market in New City, NY: What Investors Need to Know

Of every real estate market in the nation, New York City, NY is one of the most competitive. According to data from Realtor.com, the mean home listing price in the city is around $899,000.If you're a real estate investor, it's important to understand more about this dynam...
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Blog Post Real Estate Flipping Fiesta: 5 Sound Tips for NY Investors

Real Estate Flipping Fiesta: 5 Sound Tips for NY Investors

New City, New York, has a whirlwind of potential for real estate investment. Fueled by the fact that New York ranks as the 4th most vacant state, opportunities abound to buy excellent property.Profiting off the ample availability of properties is a tangible reality. With the righ...
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Blog Post HOA Fees: What Do They Cover for Contributing Members?

HOA Fees: What Do They Cover for Contributing Members?

Average HOA fees in New York City are over $700. These regular dues to your homeowner's association play a critical part in maintaining your community's high living standards.From that sparkling swimming pool to neatly manicured walkways, your fees keep your community att...
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Blog Post 4 Factors That Affect Rental Valuation in New City, New York

4 Factors That Affect Rental Valuation in New City, New York

New York City boasts some of the most expensive rental pricing in the country. The neighborhood's rental valuation is so high because it's an enormous cultural and commerce hub.The area is a prime example of "More money, more value." You can expect this rule to ...
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Blog Post 3 Reasons to Outsource Tenant Screening Services in New City, New York

3 Reasons to Outsource Tenant Screening Services in New City, New York

In New York City, about 66% of households rent. So, when you list a property, you'll likely have many potential applicants. With such a big pool, tenant screening becomes crucial. It helps you find reliable tenants who'll pay rent on time and won't damage the property...
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Blog Post 3 Efficient Commercial Lease Management Tools for New City, New York

3 Efficient Commercial Lease Management Tools for New City, New York

Owning a commercial property is a wonderful way to build community in the Rockland area.You have an opportunity to lease out to small businesses that can enrich the lives of residents. Everything from office buildings and restaurants to local services can go a long way.Even bette...
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Blog Post What Are the Best Ways to Manage Rentals in HOA Community Homes?

What Are the Best Ways to Manage Rentals in HOA Community Homes?

There are many reasons why homeowners choose to live in an HOA, from community-centered philosophy to property maintenance.Yet, an important question remains: can HOA property owners rent out their homes to tenants?The answer is "yes!"There are plenty of reasons why suc...
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Blog Post Tips for Rental Property Accounting Records

Tips for Rental Property Accounting Records

It's estimated that landlords receive approximately $353.7 billion in rental income each year. While this form of passive income is great, there's no denying that it can come with some annoyances.One of them is keeping track of all your rental property accounting. Often t...
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Blog Post What Do Landlords Need to Know About Security Deposits?

What Do Landlords Need to Know About Security Deposits?

Rents in New York City are higher than anywhere else in the country, and that means security deposits are higher as well. For new landlords, that may be stressful. How much should you be charging tenants for security deposits, and what are those deposits for anyway?Don't pani...
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