Tax statements and 1099s. Few things are as stressful as those two - especially if you have no idea what a 1099 is or if you even need one.Tax season is troublesome enough for regular W2 employees, but when you add in additional income and paperwork, the stress escalates.Fortunately, there are some things you can do to make the tax season...
Property Management Blog
The Importance of Conducting a Tenant Background Check
Wednesday, December 28, 2022
Approximately 40% of landlords run a tenant background check. That's a positive statistic, but what about the other 60%?These checks are one of the most important parts of the tenant screening process. Avoiding them is one of the biggest mistakes that landlords make during it.Read on to learn the major reasons why you need t...
Should I Allow Pets in a Rental Property?
Wednesday, December 21, 2022
It's official: America is a country of pet lovers. A staggering 70% of US households own a pet, according to the APPA National Pet Owners Survey for 2021-22. Unsurprisingly, dogs are the most popular choice, with cats coming in a close second. This abundance of furry friends has left many landlords wondering whether they sho...
How to Become a Section 8 Landlord in New York
Wednesday, December 14, 2022
Some 3 million households in the U.S. take advantage of Section 8 vouchers to get into affordable housing. 43% of households in Section 8 housing are families with children, and 43% of households in Section 8 housing have at least one disabled family member. The need for affordable housing for low-income families is huge. The de...
A Landlord's Guide on How to Handle Evictions
Wednesday, December 7, 2022
Evictions are springing up throughout Saratoga Springs. Landlords across the United States file 3.6 million eviction cases every year, including dozens of cases in Saratoga Springs. These statistics may make you believe that the eviction process is easy. In reality, it can take a lot of time and money, and there is no guarantee that ...
Benefits of Online Portals for Owners and Tenants
Tuesday, November 22, 2022
The average rent in Saratoga Springs, NY is $2,093 per month.That is a significant amount of money for many people. If tenants are paying so much then they should receive only the best service in return.One way that owners and property managers can work to provide great service to their tenants is by using an online tenant portal. These o...
Legal and Optional Tenant Maintenance Responsibilities
Tuesday, November 15, 2022
Renting. In this situation, someone does not own the land that they are living on, so there may be building rules they must follow because of that. In the United States, about 36% of people are renters. If you have a tenant, you may be wondering what their responsibilities are to maintain the property. What do landlord...
How to Manage Landlord Stress
Tuesday, November 8, 2022
Did you know that roughly 44.1 million US households are renters? With so many rental properties, residential and commercial alike, it's understandable that landlords experience stress. Although being a landlord is a fantastic investment opportunity, owning real estate can be stressful. Landlords need a way to decompress at the e...
How To Keep Great Tenants in Your Investment Property
Tuesday, November 1, 2022
Did you know that losing tenants significantly increases your turnover rate? As a real estate investor or a landlord in the Saratoga Springs, NY area, you know that finding compatible and reliable tenants is challenging. This is why retention is essential. When tenants leave, vacancies happen and your business will lose money. T...
Real Estate Investing: 3 Things To Know About Saratoga Springs
Tuesday, October 25, 2022
Manhattan, Brooklyn, Queens, and other parts of New York City garner a lot of attention within the landscape of New York. However, there are some lesser-known gems in the state worth checking out, both from a residential or tourist standpoint and as a real estate investment. Saratoga Springs has a roughly 30,000 population and is one...
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