Westchester Real Estate News

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…

Happy Spring! Well, almost anyway. While some say that Spring begins on March 1, the March equinox, or when the Sun crosses the equator line and heads northward in the sky, happens on March 20. After the 20th, the Northern Hemisphere begins to tilt more towards the Sun, resulting in longer days and warmer temperatures.…

Here’s a common scenario in the landlord world – while a lease agreement is in place, either the landlord wants to sell his residential rental property, or the tenant is interested in purchasing it. If the tenant wants to buy the home he’s renting, and the landlord is open to the idea, then a transaction…

If you’ve been reading my blog over the past few months, then you’re fully up to speed on the New York State and Federal eviction moratoriums that have been in place over the past year to deal with the COVID crisis. I know this issue is important to the landlords I serve, so I will…

Ugh! It’s almost that time of year again, the dreaded tax season. If you’re like me, there are few things I look forward to less than dealing with my taxes. But if we have to go through the dreary exercise of giving Uncle Sam his due, it’s smart to take every legal tax deduction possible.…

If they want to be successful, rental real estate investors have to do a lot of homework. All potential rental investment properties should be thoroughly analyzed before an offer to buy is made. Often, an REI evaluates multiple investment opportunities simultaneously. Is there a quick way to rank which of these opportunities might be the…

For most landlords, dealing with tenant disputes is at the top of their list of most hated things to do. Most of us don’t seek conflict or enjoy dealing with it, but resolving problems is an inevitable part of life. That said, when dealing with tenants, the majority of disputes can either be avoided entirely…

We spend a great deal of time, as we should, discussing the income and operating cost side of the residential real estate rental market. However, as any savvy real estate investor will tell you, that’s not the whole story. An essential part of the real estate investment equation is the value of the rental property.…