The Key to Rentals

Pets and Rentals - How come sometimes pets are not allowed?

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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...

Landlord Right to Use Credit Report

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...

Can't Find a Rental?

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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 ...

Detour in Pittsford with a nice surprise. Discovering Pittsford, NY

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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...

Selecting a Property Manager - a continuation...

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?

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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...

Is the Fairport liftbridge EVER going to re-open?

The Village of Fairport NY has a lot to offer, including the canal, shopping, banks, restaurants and bars.  Sometimes we just want to get from one side to the other though.Anybody that passes through the village regularly knows that getting stopped by a passing train is a dice roll.  We know the Whitney Rd. - Turk Hill Rd. - E. ...

WHAT is going on with Rentals?

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WHAT is going on with rentals?Changes to the rental market over the past two years have been incredibly impactful to both tenants and landlords. The rental market has been absolutely crazy, and not to anyone’s benefit. So, what happened? To a landlord, the risk of renting a property is that the tenant is either not going to pay...

5 Reasons to not pay down your mortgage early

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Mortgage debt is the largest single obligation for many households. Paying off that mortgage can feel like a weight has been lifted. There are many strategies people use to accelerate the rate they pay off their mortgage, including refinancing to a shorter term, paying extra each month, or periodically sending principal payments to reduce...

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