Property Management Blog

Albany NY Good Cause Eviction Bill - Everything a Landlord Needs to KnowOn July 19, 2021, the Albany NY Common Council earned the dubious distinction of being the first city in the state to pass a (euphemistically-named) "Good Cause Eviction" bill that, in typical NYS bureaucratic fashion, is sure to have lasting unintended cons...

On March 7, 2020, New York Governor Andrew Cuomo signed executive order #202 declaring a disaster emergency in the state of NY.  Since that initial order, Cuomo has signed subsequent Covid-related executive orders at the pace of roughly 1 every 3 days, for most of the year, with no signs of slowing down.  In fact, as of the...

The Upstate Landlord's Guide to the NY Tenant Protection Act of 2019On June 14, 2019, Governor Andrew Cuomo signed into law a sweeping package of New York statewide rent regulations known as the "Housing Stability and Tenant Protection Act of 2019" (bill S6458), bringing about the largest swath of changes to Landlord-Tenant ...

Schenectady NY Opportunity ZonesThis article is part of a 4-part series on Capital Region Opportunity Zones.  For more info, check out The Average Investor's Guide to Opportunity Zones, Albany NY Opportunity Zones, and Troy NY Opportunity Zones.  After a 50 year decline following the retraction of General Electric, Schenecta...

Troy NY Opportunity ZonesThis article is part of a 4-part series on Capital Region Opportunity Zones.  For more info, check out The Average Investor's Guide to Opportunity Zones, Albany NY Opportunity Zones, and Schenectady NY Opportunity Zones.  Had anyone suggested to me back in 2000 when I was attending college in Troy, N...

Albany NY Opportunity ZonesThis article is part of a 4-part series on Capital Region Opportunity Zones.  For more info, check out The Average Investor's Guide to Opportunity Zones, Schenectady NY Opportunity Zones, and Troy NY Opportunity Zones.  Albany NY is experiencing a real estate renaissance that is beginning to rival ...

The Average Investor's Guide to Opportunity ZonesThis article is part of a 4-part series on Capital Region Opportunity Zones.  For more info, check out Albany NY Opportunity Zones, Schenectady NY Opportunity Zones, and Troy NY Opportunity Zones.  If you're involved in real estate, chances are you’ve heard...

7 Steps to Properly Screening TenantsWhether you’re an accidental landlord renting out your Saratoga single family or a professional investor with multifamily units throughout Albany, Schenectady, and Troy, having an air-tight tenant screening process is the most important thing you can do to ensure your tenants pay rent on time, ta...

Back in 2002 while still in college, I purchased my first rental property, a small duplex which came already occupied with tenants in one unit.  My plan was to live in the vacant unit and rent out the other, with the expectation that my rent collected would cover my mortgage and I’d get to live there pretty much for free.  ...

HGTV certainly deserves credit for inspiring a home renovation boom in America, but they also deserve much of the blame for painting a misleading picture of how major home renovations really work in the name of dramatic television. Like Scooby Doo and MacGyver, HGTV has discovered a repeatable formula for engineering each episode almost i...