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2023 New York Security Deposit Laws: A Guide for Brooklyn Residents

Welcome, Brooklyn residents! If you’re a landlord or tenant in our vibrant borough, you may be curious about the latest updates to New York’s security deposit laws for 2023. We will break down the latest and most significant changes to New York’s security deposit laws for 2023. So, let’s get right into it. Understanding Security […]

Safeguarding Your Property: Detecting Fraudulent, Expired, or Canceled Certificates of Insurance

When it comes to property management and renovations, a genuine and up-to-date Certificate of Insurance (COI) is your safety net. Beyond detecting fraudulent COIs, ensuring that the policy is current and has yet to be canceled or expired is equally crucial. Contractors sometimes acquire a policy for documentation purposes, only to cancel it later. You […]

Choosing the Perfect Roommate: 21 Essential Questions to Ask

Finding a compatible roommate in the bustling city of New York is crucial to navigating the challenges of high rents and shared living spaces. Roommates are a reality for many New Yorkers, making it essential to conduct a thorough interview to ensure a harmonious living situation. Here are 21 questions to guide your conversation and […]

To Ban or Not To Ban E-Bike Battery Storage

This year alone, there have been more than 30 fires all around New York City due to faulty e-bike batteries, leaving landlords & management companies unsure on how to mitigate the potential risk. NYC lawmakers, too, are concerned about the safety of tenants across the five boroughs, banning the sale of non-certified batteries to reduce […]

Four Signs Hiring a Rental Management Company Makes Sense

Being a landlord is hard work. When you’re not marketing open homes and looking for renters, you’re contacting current tenants about upcoming payments and fixing leaky sinks, running toilets, and updating items the inspector disproves. Thankfully, rental management companies exist to support you in all of these areas! Below are four points that say the […]

Rent is Getting More Expensive — The Reason Why + Tips to Find an Affordable Place

The pandemic brought all sorts of challenges — physical, psychological, financial, and more. And its improvement is now bringing a difficulty of its own as New York renters see rates up to 70% higher than early 2020 amounts. The current Brooklyn median is $2747 per month — a number that many individuals and families simply […]

How to Avoid High Tenant Turnover & Keep Good Tenants

By far, the most challenging part of being a landlord is finding, securing, and keeping good tenants. Once they’re in, all you have to worry about is receiving payments and responding to potential home repairs. But where do you find these unicorn renters who treat your home better than they’d treat their own? Where are […]

Want to Know the Secret Behind Stress-Free Tenant Screening?

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. […]

Renters, Work This Crazy Market To Your Advantage

We’ve said it before, but it bears repeating: Renters are in an unusually auspicious position right now in New York City. Like buy-a-lotto-ticket-good. We’re Brooklyn forever but even we can’t help gawking at some of the rent reductions we’re seeing in Manhattan and getting a little 90s nostalgia.  Of course, the caveat is that you […]

ICYMI: Insider Tips and Tricks to Moving in NYC

In case you missed it, way back in April—remember April?—Realty Collective President Victoria Alexander presented this short and sweet guide to moving in NYC. How much lead time do you need? Maybe more than you think. When do you tell your landlord? ASAP (especially if you’re willing to postpone a move for a rent reduction). […]