Property Management Blog

Is Outsourcing Your Tenant Screening Process a Good Idea?

Did you know that renters comprise over 35% of households in the U.S.?Still to this day, the majority of landlords who own these homes are individuals, not real estate companies who buy properties to rent.One rental alone can generate mountains of paperwork, including tenant appl...

Why Should I Look into Hiring a Property Manager in Long Island, New York?

Congratulations! You've just closed on your first rental property and taken your initial step into the world of real estate investing. The feeling of accomplishment is well-deserved, but now that you hold the keys to your new investment, you might be wondering what comes next...

Worth the Weight: Property Rental Analysis in Long Island, NY

Are you still undecided about investing in Long Island, NY rental properties?If so, here's an excellent reason to go for it: Long Island is home to two of the "best counties to live in" the state, Nassau and Suffolk Counties.Such rankings often drive more people to ...

Property Maintenance Best Practices for Long Island Landlords

New York State's "Warranty of Habitability" law makes landlords responsible for certain repairs. The law states that renters have a right to a safe and decent property.Long Island, New York landlords must abide by the law. Keeping your property in good condition is ...

How Often Should a Landlord Inspect Rental Property in Long Island, NY?

Evictions are now 50% higher than they were before the Covid-19 pandemic.If you're a Long Island landlord, evicting a tenant is one of the more challenging things you'll ever have to do. Not only does it mean you've gotten yourself into a stressful situation, but it a...

Long Island Accidental Landlord Tips

Did you know that individual investors own almost 72% of the rentals in the US? Now you're among them! Joining the ranks of accidental landlords in Long Island can feel daunting without a plan, though.Read on for the tips you need to excel in today's competitive real esta...

4 Essential Tips for First-Time Landlords in Melville, NY

Welcome to the thrilling world of real estate entrepreneurship! As a first-time landlord in the vibrant locale of Melville, NY, you're about to embark on an amazing journey.Whether you're diving into the rental market for supplemental income or venturing into a new career...

4 Myths About Rental Property Pricing in Melville, NY

National rent prices are nearly 30% higher compared to pre-pandemic levels. With rental inflation, this is the perfect time to capitalize on profits from your property investment.But first, you need to get your rental property pricing in Melville, NY right? Incorrect rental valua...

Why Choose Full Service Property Management in Melville, NY?

A lot of today's property owners find themselves wondering if all the stress is worth the money.Landlord stress is a very real problem. If you're finding yourself in over your head with property and tenant issues, it might be time to look into full-service property manage...

3 Tips for Managing Your Rental Property Accounting Records in Melville, NY

So, you bought a Melville, New York, rental property without thinking about the accounting side of things. Yes, you know you can generate rental income to build wealth, but how does it all work in practice?This guide aims to help struggling landlords implement bookkeeping best pr...