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Property Management Blog

Blog Post How to Get Your Tenants to Renew Their Lease in Saratoga Springs, NY

How to Get Your Tenants to Renew Their Lease in Saratoga Springs, NY

If you're a landlord in New York State, you'll already know that replacing a lost tenant is an expensive undertaking.After all, the cost of tenant turnover is now averaging around $4000 per listing. This means that every time your tenant does not choose the lease renewal ...
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Blog Post The Pros and Cons of Allowing Pets in a Rental Property

The Pros and Cons of Allowing Pets in a Rental Property

The Insurance Information Institute reports that approximately 70% of households in the US have a pet. With such a significant percentage of the population being pet owners, landlords must discern if permitting pets is worth it to them.It might be challenging for a landlord to de...
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Blog Post 5 Impressive Benefits of Investing in New York Real Estate

5 Impressive Benefits of Investing in New York Real Estate

According to a recent survey, New York ranks 48th out of 57 global cities for people looking to move and work in a new place. There's no shortage of tenants looking to rent properties in this exciting city. So, investing in real estate in New York should be top of your priori...
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Blog Post Tenant Screening in New York: What Should You Do?

Tenant Screening in New York: What Should You Do?

2.3 million people in New York have some form of criminal record. During a brief walk down the street, there's a very good chance you'd pass by a couple of folks who've had run-ins with the police. Now imagine if one of those people was a tenant of yours.Tenant screen...
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Blog Post This Is How to Be a Good Landlord in Saratoga Springs, NY

This Is How to Be a Good Landlord in Saratoga Springs, NY

New York is not letting go of its real estate crown.It holds the top spot among the country's most expensive real estate markets. The market has risen by 6.1% from the 2023 Fiscal Year—currently at $1.4 trillion.This is good news for property owners. But you need a good...
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Blog Post What Should You Do if Your Tenant Can't Pay Rent?

What Should You Do if Your Tenant Can't Pay Rent?

Last fall, 15% of American households were behind on their rent. As inflation rates continue to rise, landlords face tenant problems as more people are having trouble paying rent.But what can you do if tenants can't pay rent?Before you start evicting a tenant, you should try ...
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Blog Post 5 Things You Should Know About the New York Real Estate Market

5 Things You Should Know About the New York Real Estate Market

Did you know that New York City's real estate market is the largest in the world? That's right, it surpasses even London and Tokyo in terms of the sheer size and scope of its real estate offerings.But what about the rest of the state? How does the New York real estate mar...
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Blog Post How to Spot a Real Estate Investment Opportunity: A Guide

How to Spot a Real Estate Investment Opportunity: A Guide

Are you tired of seeing your hard-earned money sit idle in a low-interest savings account? One of the best investment options that you can consider is investing in real estate, where it's possible to make your money work much harder for you.Investing in property can provide y...
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Blog Post A Quick Guide on Rental Property Maintenance

A Quick Guide on Rental Property Maintenance

Real estate is a good long-term investment if you know how to play it smart. One of the first things you learn as a landlord is the importance of maintenance. You may have a beautiful home on the market, but neglecting maintenance can harm your business.Some maintenance requests ...
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Blog Post 5 Signs That You Should Hire a Property Management Company

5 Signs That You Should Hire a Property Management Company

Most people living in New York live in rental properties. In fact, New York's homeownership rate is 53.6%, much lower than the national average.Landlords benefit from this statistic, meaning they rarely have trouble finding tenants. However, landlords have many other duties o...
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