Let’s face it. People can be clumsy, accident-prone, and dirty. You might have what you believe are some great tenants – they pay on time, repairs are few and far between, never a complaint – but when you’re ready to rent your property to new tenants, and you do a closing rental contract property inspection,…

As we enter into the second quarter of 2021, the Westchester County real estate market is red hot. According to Rocket Homes (the Rocket Mortgage folks), the median sales price of a home in Westchester County is now $635,000, up 11% since April 2020. Sales of single-family homes, condominiums, and cooperatives in Westchester County were…

Spring has sprung! Winter is behind us, and the COVID pandemic is fading fast (fingers crossed on that one!). This is the time of year when you might be thinking about making some improvements to your rental property. As landlords, we know that we have to keep our properties in good working order. But beyond…

With the Biden Administration now passing its first 100 days in office, let’s take a minute and assess where the new Administration is headed in terms of policy proposals that will directly impact real estate investors (REIs). Understanding what potential impact these changes might have on your real estate investment business helps you make better…

How many of us remember the “good old days” of real estate investing? Pre-internet, if we wanted information about real estate markets, we had to go digging around in county offices and realtor’s file cabinets to find it. My how times have changed. Today, “there’s an app” for almost everything. Real estate investment information is…

We’ve all been told things that were presented to us as absolute truths but turned out to be myths. Here’s a classic, “You need to wait half an hour after eating to go swimming, or you’ll get cramps, and you could drown.” Or  how about, “Twinkies last forever.” Nope. They have a shelf life of…

We’ve just rolled through the first quarter of the year. What was the best thing about the last three months? It was no longer 2020! As we settle into the “new normal” of post-pandemic life, real estate investors (REIs) should be aware of the USA’s rental housing markets’ latest trends. Rental markets remain, in a…

Real estate investors (REIs) often want to purchase multiple rental properties. If you’re not a large corporation with easy access to Wall Street capital, to get that done you’ll most likely need to finance your rental portfolio with mortgages. But how many mortgages can one REI have? Is there a limit? How does all this…

The eviction moratorium issue is at the forefront of landlords’ minds. Whenever there are any significant developments on this issue, I’ll always let you know what’s up in this blog. New York State’s eviction moratorium is in place until at least May1 2021. So, regardless of any national developments, New York landlords will be legally…

You’ve probably heard the phrase, “Knowledge is power.” It’s a true statement, especially when it comes to investing in real estate. But precisely what skills and knowledge are required to succeed in real estate investing? If you’re new to being an REI (real estate investor), or even if you’ve been doing it for years, it’s…