Property Management Blog

How to Get Tenants to Renew Leases in Long Island, NY

Times are getting tough, especially for renters. According to CNN, roughly half of US tenants can't afford the cost of rent.As such, your tenants are going to very carefully consider further lease renewals. It's not just the cost of rent that will factor into the equation...

Tips for Rental Property Accounting Records in Long Island, NY

If you own a rental property in Long Island, you might be feeling the heat. After all, a slew of changes to NY tax and rent laws are saddling landlords with higher costs and very little legroom to do anything about it. If you are facing substantial renovation or maintenance costs...

Myths About Rental Property Pricing in Long Island, New York

If you have or are about to invest in real estate in Long Island, NY, here's some fabulous news. A 2024 U.S. News & World Report ranking has named all four Long Island Counties, including Nassau, Queens, Suffolk, and Kings, some of the nation's safest counties.With su...

Benefits of Online Portals for Owners and Tenants

Be it ever so humble, there's no place like home. However, when it comes to buying a home outright or renting, 77% of U.S. households prefer to rent. Having access to a tenant portal can streamline the rental process.Utilizing tenant portal features offers convenient access t...

Rental Management or Tenant Placement - Which Is Better?

Over 2.3 million New York homes are occupied by renters. This figure is much higher than the 1.1 million owner-occupied spaces. If you're looking to rent out a property in Long Island, you're far from alone.Choosing between rental management and tenant placement can be a ...

Which Up And Coming Neighborhoods In Long Island Should You Be Investing In Now?

Long Island's real estate landscape is shifting. As New York City's suburbs continue to evolve, savvy investors are turning their attention to the next hot spots.But which up-and-coming neighborhoods offer the best potential for growth and return on investment?Read on to ...

Decrease vacancy with creative leasing strategies

If you have a rental property in Long Island, keeping it occupied is key to making a profit. According to recent data, rent in Long Island is a whopping 118% higher than the national average.Knowing how to market and develop creative strategies is the best way to ensure your prop...

Tips to Attract Tenants in a Tough Market

Are you a property owner on Long Island looking for new tenants? If you're new to the property management scene, trying to attract tenants in a competitive rental market may feel frustrating.Luckily, you won't need to worry about how to fill rental vacancies much longer. ...

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...