New York City Rental Prices New York City, NY is recovering from the Covid pandemic only to meet with new challenges for its rental market. Vacancy rates in each of its 3 main Burroughs are extremely low while rent prices are recovering. As this graphic courtesy of Zillow shows, rent prices in metro New York…
Buying Rental Property 2024 is a brand new year for property investors looking to buy rental properties. Owning a new rental property is an exciting prospect, with its revenue and tax advantages for building personal wealth. While corporate investors are planning to grab up any and all properties coming onto the market, you can compete…
Are Heat Pumps the Solution Landlords Need? With the raging heat of summer persisting this summer pushing many tenants to their physical limits, there is a lot of interest in better ways to cool rental homes. If the world's climate is heating up, then the summers ahead may be more cruel to tenants, especially those…
Beat the Summer Heat It's officially the real summer of 2023 and it looks like it's going to feature scorching heat and high humidity. And July 3rd was the hottest day globally ever recorded. Add on the El Nino phenomenon, and we may see many more world records this summer season. Whether you're throwing parties…
Create a New Building Parking Lot Policy We covered rules and regulations in buildings previously, but what are residents' responsibilities on automobiles and parking? Generally speaking, residents must comply with all parking rules, signs, speed limits (e.g. 5 hours per hour), or other directional instructions implemented by the property management company. Parking policy is normally…
Apartment Management Software Hundreds of companies tout that they have the best apartment management applications. However, to serve small to medium sized property management companies and landlords with 50 to 1000 rental units, the list narrows to a few that help you conduct apartment management cost effectively and provide powerful management tools. Given the rising vacancy rates…
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