Long Island Property Management Blog

Pros and Cons of Allowing Pets in Your Long Island, NY Rental Property

Around 62% of Americans have pets, but does that really mean you should allow them in your rental property?Deciding whether or not to allow pets into a rental property is a bigger decision than it might seem on the surface. It's important to weigh the pros and the cons before...

How to Keep Great Tenants in Your Long Island, NY Investment Property

Every landlord's biggest enemy is vacancies.At any given point, the vacancy rate in the US sits at around 6%. Vacant units are the landlord equivalent of flushing money down the drain. Finding great tenants can be tricky and requires thorough tenant screening.Once you get a g...

Real Estate Investments: Strategies for Building Wealth

Everyone in the modern world knows the phrase "location, location, location." This is not only because it's appeared in many Hollywood movies, but it's the main adage to follow when buying investment real estate of any kind.Real estate has long been considered a...

Key Considerations for Commercial Property Owners: Managing Your Investment

It's hard to believe that there are over 90,000 small businesses in Long Island.This means that commercial property owners can become quite successful. There are tons of factors to remember to stay afloat, though.How can commercial property owners flourish? Read on for a brea...

Understanding Mortgage Rates: A Long Islander's Guide to Navigating the World of Home Financing

If you're buying a home, finding financing is one of the most important matters that you need to address. That dictates not only how much you pay upfront, but also over the next several years.More than 1.5 million mortgages were issued in the last quarter of 2022. There are s...

This Is What Long Island Landlords Need to Know About Security Deposits

Owning a rental property is a fantastic investment, with New York prices on the rise. But what happens if the tenant leaves that property damaged and dirty, and you face a hefty cleaning bill?That's why a security deposit is crucial to the landlord-tenant relationship. In thi...

Home Owners Association Management Services: Enhancing HOA Governance

Nearly 74 million Americans benefit from homeowner and condo associations.Homeowners associations help to govern small communities of people that live in planned developments. It's a great way to lay out common rules for all of the residents to live by in order to make everyo...

Home Owners Association Management Services Manager: Driving HOA Excellence

Property value in New York has gone up more and more in the last few years. In Suffolk County, the median home value went from $470,000 in 2020 to $561,000 in 2022.For those of you who own homes in this area, you may be wondering how you can maintain this new property value. Well...