A recent survey* of 1300 millennials (also known As Gen Y; born est. 1982) states that 60% of participants would rather rent a home than buy one in the next 5 years. Is this a signal of an anti-buying trend for the younger generation? According to an article on marketwatch(dot)com, many millennials surveyed say they just can’t afford to buy. Read More
Innovation and technology are no longer an afterthought when managing a property — it’s a necessity. Steve Jobs once said, “Innovation distinguishes between a leader and a follower.” His statement will forever ring true, especially when it comes to managing a residential or commercial property in New York City. Read More
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
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