Property Management News
Contractor scams are both common and costly. The best way to avoid these scams is to be aware of how they work and use your best judgment. Here’s everything you need to know about identifying and avoiding contractor scams: Do Your Research Perform due diligence to ensure you only work with reliable contractors. Here are a few tips: Check the company’s website and consider visiting the office in person to ensure everything adds up. Some scammers have fake websites with no real presence; they book online appointments and disappear after receiving a fee. Check licenses and permits and only work with authorized contractors. In most cases, you will have the option to verify licenses... Read more
When a deal sponsor is awarded the contract for a new multifamily acquisition, they will begin a process know as “due diligence” on the property. Due...
We spend a great deal of time in the spaces in which we live, and it has been long understood that housing conditions can have a significant impact on one’s health....
There’s no way around it: Replacing a roof is expensive. The process usually takes a team of professionals (and yes, you should use professionals—more on that...
Cases involving property law rarely reach state supreme courts. However, two cases are pending before both the Supreme Courts of New Jersey and Pennsylvania – and...
Friday’s deluge was yet another reminder that little has been done to make basement dwellings safer, and that the risk for residents is only increasing. Torrential downpours in New York caused flash flooding across much of the city on Friday, leading both New York Governor Kathy Hochul and Mayor Eric Adams to declare a state of emergency. With streets inundated and subway lines closed, residents in some parts of the city faced dangerous conditions, both outside and inside their homes. For residents of basement apartments, which are a largely illegal and unregulated housing option in New York, storms like the one that swept through the New York metro area on Friday can be deadly.... Read more
Mold inspections are a must for landlords! They help spot and tackle any potential moldy issues in rental properties, keeping tenants healthy and safe. To ensure...
Key Takeaway: Understanding the responsibilities and definition of a property manager is crucial in pursuing a career in property management. Property managers...
Wear and tear is an idea that all landlords should know. It’s when normal use by a tenant causes a property to slowly get worse. Knowing this is key for landlords to...
It’s a well known fact: most homebuyers are unimaginative. You might not think that this applies to the savvy investors and potential owner-occupiers looking at your...
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