Property Management News

Manhattan Landlord Sued Over ‘Flagrantly...

The New York City Department of Buildings and Fire Department are suing landlord Fred Ohebshalom for failing to rectify hundreds of violations at multiple buildings in the Morningside Heights neighborhood in Upper Manhattan. The city claims Ohebshalom’s company, Empire Management, which owns some 2,000 apartments and 1M SF of commercial real estate in New York, now has more than 300 violations from the two agencies, according to a lawsuit filed in Manhattan Supreme Court last week.  Those violations related to broken elevators, cracked facades, work completed without a permit and failing to erect a sidewalk shed to protect passersby from falling debris. The city claims entities... Read more

A potential new rule mandating Los Angeles multifamily owners install air conditioning is expected to cost tens of thousands of dollars for apartment owners, according...

The 2023 Atlantic hurricane season begins this Thursday and will continue until November 30. According to the National Oceanic and Atmospheric Administration (NOAA), the...

A new survey from Zillow sheds light on the top concerns of new and repeat landlords. Due to low mortgage rates that spurred increased investment of second homes in...

One of the best ways to see success in the real estate industry is to invest in properties and rent them out properly; essentially becoming a landlord. However, as many...

4 Steps To Fight Mold and Mildew In Rentals

Here are 4 steps to fight mold and mildew in your rentals and reasons you must act quickly at the first signs of mold or mildew. Surface mildew or mold is not terrible if it is dealt with promptly, however, the longer it is left the more it will damage finishes. It can also pose a health risk as many people are allergic to mold, leading to costly repairs and tenants needing to move out of the unit while repairs are made. When mold and mildew issues arise the first thing to do is to make sure that there are no problems with the building itself. A few of the most common causes are roof leaks, plumbing leaks, crawl space moisture, and lack of proper ventilation. For the sake of their... Read more

Develop a maintenance checklist for your rental property around the critical areas of electrical, fire safety and HVAC. No. 1 – Electrical Maintenance...

Construction projects can be overwhelming, and choosing an equitable contractor is crucial to ensuring that your project is successful. With so many contractors,...

A house that sounds roomy and spacious online may actually have 800 of its total square feet contained in a four-foot-tall dirt-floor basement. What’s up with that? In...

Residential rental property is the way to make money, or so some people claim. On the surface, it seems likes a surefire bet; in reality, it's usually more of a...