The Key to Rentals

FIND MONEY! Check for subscriptions you lost track of: TV Channels - go into your Amazon or other provider account. Look at memberships and subscriptions to see what you are being billed.  Do you really watch those channels?  Check your credit card too.  Some channels like Netflix or Hulu may bill directly.  Perhaps yo...

Does your property manager do “self-showings”? When your property is listed for rent, how do you want access to your property granted to potential tenants?  The onset of Covid-19 brought about the need to reduce contact with other people. The real estate industry responded with some efficiencies that included pre-screenin...

Landlords have many concerns when screening for tenants. Can they pay? This is a major consideration.Determining if a tenant applicant can afford to pay the monthly rent is one of the first and most critical steps a landlord will take in reviewing an application. Even if a tenant has the best of intentions, if there is not enough mon...

Pets vs. Service Animals vs. Assistance Animals.         People with real estate training may recall that “service animals” are dogs trained to do work for a person with a disability. That is still true, but an “assistance animal” can include much more. Assistance animals are recognized by ...

When shopping for a rental, accepting pets is one of the most important items considered by tenants. According to The Insurance Information Institute 67% of U.S. households have a pet. With so many families having pets, landlords should want to permit them, right? Yes, and no. Landlords need tenants, and many of them are receptive to pets...

The past couple years have been very challenging for landlords.  Landlords are having a difficult time navigating legislative changes in New York State, and many have not been receiving rent for a long time due to the ongoing eviction moratorium.Another challenge is facing landlords and property managers.  There is currently leg...

Much has been said about the low inventory of homes available for purchase.  What about rentals though?This graph is showing the total active Realtor listings for residential rental units in Monroe, Erie, and Onondaga Counties (Rochester, Buffalo, Syracuse).  The two obvious takeaways from the chart are that there is a downward ...

If you regularly travel though Pittsford, NY, you are probably aware that the Route 31 bridge over the canal is closed and traffic is being detoured. The bridge repair project follows the Victor, NY roundabout project that sent travelers well out of their way, and the Fairport, NY Lift Bridge repair that has been going on for what feels l...

In the previous article Selecting a Property Manager, the focus was based upon making sure your property manager is qualified and legitimate. But, what else? What is it about you or your property that is different?  The location and features of your property should be considered. For example, if your property is in Fairport, it will ...

What is a landlord supposed to do?The previous article “What is Going on with Rentals”, was an overview of some of the recent changes that are impacting rental properties.Most tenants are at a stage of life where renting is the best option for them, and genuinely do their best to pay the rent and keep a place in good condition...