Every landlord and real estate investor who owns rental property carries responsibility for paying their taxes each year. This is an overwhelming process for many, and it’s easy to miss out on substantial money-saving deductions. However, missing out on essential rental property tax deductions knocks down your business profits. Deductions consider your business’s expenses when…
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This week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, goes over when you should start advertising your rental property. What happens when a tenant refuses to get rid of a rental appliance? We’ll review how to handle appliances correctly if they are under rent control. Last, but not least, we’ve got the…
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When someone says ”landlord,” most people think of residential landlords. Indeed, most landlords work with residential investments before considering commercial properties due to the difference in cost. But do you know what commercial lease landlord responsibilities are involved when changing to commercial work? Many rental property investors are unfamiliar with commercial landlord responsibilities or leases…
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In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, goes over basic landlord responsibilities including property maintenance. The NY rent assistance program could come to an end here soon. We’ll go over everything you need to know about the upcoming changes. Are the fair market values for rent on Zillow reliable?…
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In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about tenants that signed a lease agreement, but then inform the landlord they won’t be moving in because they’ve found another property. What do you do? Emergency funds are a thing to have when owning a rental property. Find out just…
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In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about reimbursing tenants. In this specific case, we’ll talk about a renter with a running toilet that now wants to be reimbursed for the water bill. How do you keep stray cats away from your property? Find out how to harmlessly…
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Every real estate investor wants to see their property increase in value. While waiting for an upswing in the housing market can get the value to go up, there are some physical and immediate things that landlords can do to boost the property value of a rental home even more. We’re going to cover the…
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In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about what to look for when investing in your first multi-family rental property. What happens when your tenant gets offered a new job out of state? Find out what to request from your tenant in order to continue their lease. Last,…
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Smart devices are more affordable these days and thus more commonplace than ever. Homeowners and renters alike are interested in the security, convenience, and integration that having this home technology provides. Does this also mean that creating a smart home for rental property purposes makes sense? As with many things in the real estate business,…
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In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about the rise of mortgage rates and the impact it will have on the rental industry including just how much you’re paying per sq. ft on a house now vs. years prior. We’ll also chat about a Buffalo, NY landlord that…
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