It has been predicted New York will experience a mild winter this year and the early part of 2015. That means less shoveling and less wear and tear on your heating system. But, even a mild winter day/night can be brutal if you live in a drafty home. The following are a few tips on how to winterize your home before winter. Read More
Having a good business credit score is invaluable these days. Credit scores help suppliers and lenders predict whether a business owner will pay his/her bills on time. Here are a few ways property owners and real estate investors can take control over their business credit and give it a boost: Read More
Is it time to hire a professional property management company?
If you own and operate a rental property in NYC, you have surely experienced the financial challenges and day-to-day operations issues that are impacting your investment’s success.
While you may be quite skilled in many areas of property management, there is often a ‘tipping point’ based on the size, scope or type of your property that will make your property better suited for a professional property management firm. Read More
Tips on Evaluating a Potential Property Manager
Hiring a good condo property management company in NYCoffers an array of benefits. For one, you can attract a higher caliber of tenants. You do not have to personally maintain your property or be responsible for performing move-in and move-out inspections. Plus, you don’t want to forget about the tax advantages it has to offer. Read More
Tips on Finding the Best Property Management Team in New York City
In a previous blog post, we mentioned the importance of doing your due diligence when evaluating potential property management companies in NYC. Now we’re going to share a few ways of determining the best property manager to oversee your day-to-day building operations. Read More
Three reasons to fire a real estate property manager in New York.
If it wasn’t for real estate property managers, property owners wouldn’t have shorter vacancy cycles, high-quality tenants and increased value to their investment. Unfortunately, in this day and age, not every property manager will have your best interest at heart. In this post, we are going to share when it’s time to fire your property manager. Read More
It not only makes it a lot easier to sell (or rent) a vacancy, it can help raise the face value of a property. There is another aspect of a property that many property owners tend to neglect and that is safety. Safety should be a top priority. Read More
Every NYC property has profit potential; however, it loses that potential if you are lax when it comes to cost control.
Commercial properties are prone to overspending, and overspending hurts profits. If you own a building in NYC, then reducing maintenance costs, keeping purchases under control, and maintaining cash flow are essential.