Property Management News
Do you want to see ChatGPT solving a real-life problem? It helped New York resident Svetlana used to make her landlord fix amenities before raising the rent. The AI bot wrote a comprehensive letter that effectively urged the rental property owner. The woman declined to share her last name and said, “The rent increase alone was not my gripe.” “It was the audacity to increase the rent, seemingly in retaliation after I filed a complaint and request for a rent decrease on the basis of decreased building-wide services,” she alleged. Svetlana sent many unanswered emails before ChatGPT elicited a response. Perhaps her method could help you fix similar problems. I will discuss how the... Read more
Beyond selling your property, there are other reasons to get an appraisal such as refinancing, appealing tax assessments, or applying for other loans. Before getting a...
There are many proven strategies to increase rent and income from your rentals. Performing some basic rental property renovations can make your property more desirable...
Questions about lead paint poisoning? Read about a Buffalo, NY landlord who violated lead protection laws ordered to pay $5.1 million here. New York Attorney General...
Landlords do more than simply sit in an office and collect rent from tenants. It’s their responsibility to make sure every nook and cranny of the building is in good,...
What challenges can parking spaces raise in property management? We discuss some of the more common questions we see and share best practices to help you avoid any fair housing potholes. Can a resident who has a disabled person’s parking permit ask for a designated parking space even when there are already designated parking spaces for the disabled? The short answer is they absolutely can. All property housing providers should be prepared to respond to this kind of request, as it is not uncommon. Unfortunately, many property management companies think that just because they have a couple of publicly accessible spaces on their parking lot, that is all that they need. Leading to the... Read more
Are you a landlord dealing with a tenant withholding rent? They may have more legal grounds than you think. Renters can withhold rent in an escrow account in the event...
Rental properties with smart devices are becoming increasingly popular among landlords and tenants. With the ability to control temperature, lighting, security systems...
Gas stoves are facing a new era of regulation. The public health science says it’s justified. The next chapter of the gas stove debate is here. The Consumer Product...
As landlords, we try to manage our expenses as much as we can to best run our businesses. However, it’s important to balance costs with legal requirements and our duty...
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