Property Management Blog

Essential Tips for First-Time Landlords in Melville NY

After years of contemplation, you've decided to take the plunge and buy your first rental property in Melville, NY. Congratulations! You're on the fast track toward steady pay, tax payments, and investment portfolio diversification.However, it's not all rainbows and b...

How to Get Tenants in Melville, New York to Renew Leases

Imagine your favorite tenants (the kind, understanding ones who always pay rent on time) deciding to stay for another year. You won't have to worry about the stress of updating your marketing strategy or long vacancies. Instead, you can sit back, relax, and watch the revenue ...

Eviction Protection Plans for Your Rental Properties in Melville, NY

It's estimated that U.S. landlords evict roughly 3.6 million tenants every year. Many people think that evictions are only tough for tenants. However, the reality is that they can also be devastating for landlords.On top of missed rent payments, you also need to deal with cou...

Is Outsourcing Your Tenant Screening Process a Good Idea?

Before the COVID-19 pandemic, there were 3.6 million eviction cases filed in the U.S. in an average year.After the eviction moratorium that was enacted in response to the pandemic expired, evictions have started to tick up.What are the best strategies to help you attract good ten...

Things to Consider When Choosing a Leasing Agent

46% of the nation's 49.5 million rental housing units are on small properties. A small real estate property is defined as having at least one and up to four units. The majority of these small properties are headed up by solo landlords.If you are one of these mom-and-pop landl...

What Do Landlords Need to Know about Security Deposits?

The average charge for a security deposit across most of North America is one month's rent. Of course, some landlords charge more than that, but it might be due to extenuating circumstances. In New York, the rules are quite strict about the security deposit being no more than...

3 Reasons to Work With Community Association Management in Melville, NY

As of 2021, there were 358,000 neighborhoods in the US with HOA (homeowners association) boards.If your neighborhood has an HOA board, they'll take on various responsibilities and make it a better place to live. With that in mind, they're likely members of your community ...

4 Things to Include in Your Agenda for HOA Meetings in Melville, NY

With over 84% of homes in Melville, N.Y., being owned rather than rented, it is more likely than not to be part of a homeowner's association.Living in an HOA community is just the start, you can also join the board to make major decisions. If you are a member or thinking of b...

What's Next After Buying Your First Rental Property in Melville, New York?

Are you a real estate investor who just purchased your first rental property in Melville, NY? You may have bought it just in time.There is a big push being made to redevelop certain parts of Melville, NY at this time. If all goes according to plan, there could be new job opportun...

Pros and Cons of Allowing Pets in Your Rental Property in Melville, New York

Have you heard that two-thirds of American households own one or more pets?In the bustling suburb of Melville, New York, many landlords face a recurring dilemma. Should they permit pets in a rental property? The decision to permit pets can have a huge impact on a landlord's b...