Property Management Blog

How to Manage Landlord Stress

Being a landlord in New York opens up hefty income opportunities, considering landlord salaries in the state average $95,488 yearly, according to ZipRecruiter. But while lucrative, it's a 24/7 job that can be very stressful, especially for accidental or new landlords. It'...

How to Create Long-Term Stability for Your Property Management Company in Long Island, NY

Professional property management can significantly enhance your investment returns. According to industry reports, property management firms typically achieve an average return on investment (ROI) ranging from 10% to 15% (FinModelsLab).In Long Island's competitive property ma...

Why Choose Full Service Property Management in Long Island, NY?

Have you ever felt overwhelmed by the responsibilities of managing your rental properties? If so, you are not alone. Many property owners in Long Island, NY, face challenges when it comes to maintaining their properties and ensuring a steady flow of income. This is where full ser...

Lease Enforcement Strategies for Long Island Landlords

B2B Reviews explains that the U.S. is home to more than 19 million rental properties with more than 49,000,000 separate units. With this many prospective tenants across the country, it comes as no surprise that landlords need strict lease enforcement rules to help them manag...

Efficient Rent Collection Strategies for Long Island Landlords

An article by Bank Rate shows buying a home is about 37% more expensive than renting monthly. It's no wonder many residents in Long Island prefer to live in rented property, which means a steady income for landlords.While there is a high demand for rentals, you may still stru...

Difference Between Service, Emotional Support Animals and Pets: A Long Island Landlord's Guide

Long Island is an attractive choice for many property investors thanks to its strong, stable housing market. If you own property in this popular location, you can increase its appeal even more by offering pet-friendly accommodation.Allowing pets in a rental unit can be a risky pr...

How Section 8 Decides if Your Rent Is Reasonable: A Guide for Long Island Landlords

According to Bankrate, 3 million households utilize the Section 8 voucher program to help afford their rent. For Long Island landlords, understanding how Section 8 evaluates rent reasonableness is key to participating in this rental assistance program.Join us as we look into how ...

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...