Even if the tenant’s in good standing, you still need to send a prompt and firmly worded notice in writing. Download this template to get started. In a perfect world, every tenant would pay their rent on time, every month. In reality, even the best tenants get caught up and forget what day it is, […]
Being a landlord is a specific type of responsibility that is not for the faint of heart. It takes commitment, diligence, and flexibility – because if you want good tenants, then you need to be a good landlord. Here are some tips to make sure you’re living up to your potential as a Brooklyn landlord. […]
Selling an occupied home sounds like a daunting process, but it doesn’t have to be. With a bit more planning than usual, you can keep that rental income flowing until the sale closes — or continue living in the home yourself until it’s time to move. Hear Tina’s opinion on the process before reading on […]
So, you’re a new landlord. Before diving into heaps of helpful information, a congratulation is in order. You’ve set off on a challenging, rewarding, and revenue-filled journey! There’s never been a better time to try out the scene, either, with record-high renters —and rates— entering Brooklyn in 2022. We’ve compiled some tips to set you […]
If you’re thinking about moving this year, it’s essential that you understand the upcoming market and its effects on all parties involved — especially after our hot end of 2021. Buyers and renters will feel the effect of increasing demand, and sellers will see sale prices rise but not yet to their pre-covid amounts. Here’s […]
Being a landlord is a great way to earn a living, or even some extra side cash, but it definitely comes with its challenges — one of the biggest being bad clients. It can be tricky to find individuals, couples, friend groups, or families who will pay you on time and treat your home well. […]
So, you’ve purchased a property & you’re collecting rent – now you want to get a FHA home loan. Luckily, there are some guidelines that can help you qualify the rent you collect as income, which can then help you secure the FHA loan. There are, however, some lengthy rules to determine if your rental […]
If you’re a Brooklyn landlord, chances are the economic fallout from COVID-19 has you worried about yourself and your tenants. And while the news may be changing hour by hour, we want to offer you some help when it comes to communicating with valued renters and retaining them during this period of upheaval. That’s why […]
There are plenty of reasons you want to remain a Brooklyn landlord. Your connection to Brooklyn, your pride of ownership, the building your parents once owned or that you bought yourself before you had family and moved to Jersey. It’s a tangible connection to the past—and the chance to pass something tangible on to your […]
With home prices skyrocketing in the Carroll Gardens area over the last couple of decades, estate planning has become a topic of major importance amongst families in the area. Homes that were bought by middle class folks at a relatively reasonable price many years ago are now worth 3 and 4 million dollars. In 2014 […]
