Property Management Blog

Rental Property Accounting: A Guide for Wantagh, NY Landlords

How well is your rental property in Wantagh, NY doing? Today, Wantagh exhibits a competitive real estate market with an average rent of $3,000. Thus, managing rental properties in this area guarantees a profitable investment.However, you need an efficient accounting system to sta...

Why Tenant Criminal Background Checks Matter for Your Wantagh Rentals

A recent report found that 2.2 million adults in New York have criminal conviction records. The large number of people with criminal convictions increases the chance of someone with a criminal record inquiring about your rental property. Thus, performing a tenant criminal backgro...

5 Benefits of Turnkey Property Management in Wantagh, NY

According to financial technology company Get Flex, the average landlord owns three properties. However, only half of all landlords manage their properties alone. The rest outsource to turnkey property management companies.Relying on professional real estate solutions can sa...

How to Create Long-Term Stability for Your Property Management Company

According to the US Census Bureau, individual investors own over 70% of the rental properties in the US. Without proper portfolio management, however, you may not maximize your profitability. In fact, your property investment could start draining money from your account.Before th...

Legal and Optional Tenant Maintenance Responsibilities in Wantagh, New York

Every property owner knows how important it is to keep up with the maintenance. Any building or home will start to fall apart if it's not taken care of. No matter how nice it started out.Property maintenance can be tricky when you're not the one living or using the space....

5 Essential Tips for Effective Lease Enforcement in Wantagh, NY

Is your current relationship with your tenants not going as smoothly as you'd have hoped? There are protection mechanisms available when tenants do the types of things that make landlords sweat (paying rent late or not fully, damaging property, etc.).These actions aren't ...

5 Steps to a Thorough Tenant Background Check in Wantagh, NY

One of the country's hottest rental real estate markets is Wantagh, NY. Owning rental property here sets you up for a successful and profitable experience. However, the right tenant can make or break your experience.By performing tenant background checks, you can screen out p...

Tenant Placement Tips: Fill Vacancies Fast in Wantagh, NY

As of the first quarter of 2024, the national rental vacancy rate in the United States was 6.6%. This statistic is a reflection of missed opportunities for property owners across the country, including those in Wantagh, NY. Each empty property is potential income lost, a problem ...

How to Manage Support Animals in Your Rental Property

Who among us hasn't felt the immediate lift that a pet can bring into our lives? With 86% of pet owners reporting improved mental health after welcoming a pet, the emotional benefits are undeniable.But what happens when these cherished companions are more than pets and serve ...

4 Signs You Need to Hire a Property Management Company in Wantagh, NY

Are you one of the 10.3 million people in the US who own rental property? Without the right rental business strategies, you could struggle to compete. Other landlords in Wantagh, NY may attract renters before you get the chance.If your rentals are sitting empty, you may need land...