Property Management News
The New York City Council passed a bill last week requiring homes listed on short-term rental sites like Airbnb to register with the city, in the hopes of increasing the Big Apple’s housing stock and in an effort to crack down on illegal listings. With the bill’s sponsors expecting the outgoing mayor to sign it into law, here’s what you need to know about what the new rule means. The bill itself is aimed at enforcing New York’s multiple dwelling law, an existing rule which makes it illegal to rent an entire apartment in a building with three or more units or one to two-family home for less than 30 days. Shorter rentals are legal in the city, but only if the resident is home... Read more
According to US Census Data, 14.2% of the renter population changed households between 2019 and 2020. However, apartment turnover rates have continued to decrease...
In some situations, property owners can benefit from a lawyer’s help. Learn when to consult an attorney. If, like many landlords, you own or manage only a few...
A lot of work goes into applying for a mortgage — from rounding up your financial records to making sure your credit score is in tiptop shape. Another important...
There are over 10 million individual landlords in the United States, each with its own methods for rent collection. How a landlord collects rent, what they charge,...
Find out what safety measures you need to take if you have lead paint in your home. Home improvement questions, answered by professionals from the National Association of the Remodeling Industry (NARI), an association of remodeling professionals committed to providing consumers with high standards of quality, honesty, integrity, and responsibility. How do you determine if there is lead paint in a home and what can you do to remove it? Far too many homeowners and contractors pay way too little attention to the danger of lead paint contamination. The Environmental Protection Agency (EPA) says that lead paint in old homes is the chief cause of lead poisoning in the United States. My... Read more
This article was written by the Fair Housing Institute It’s a new year and the perfect time to review your company’s fair housing policies and procedures. Laws and...
Real estate professionals weigh the pros and cons of scoring a deal on your next property investment. Thinking about making a move? You might have added a foreclosure...
Multifamily owners and operators aren’t strangers to sharing data. For decades, apartment communities have swapped information about occupancy rates and actual...
Reaching this demographic requires a multi-pronged approach. Multifamily communities have a new generation of decision-makers approaching their front doors, both...
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