Property Management Blog

4 Teaneck Accidental Landlord Tips

New Jersey ranks third among the top U.S. rental markets in 2024, as its robust performance attracts interested investors and tenants alike. Given the competition, it's no wonder many people have become so-called "accidental landlords," meaning people who inherit pr...

How Property Management Can Help You Protect Your Investment Property In Teaneck, NJ

If you own an investment property in Teaneck, NJ, you probably feel the odds are in your favor. After all, Bergen County is contending with record-low inventory and record-high prices, as more and more people look for the small-town feel within touching distance of the city.Howev...

Maintenance Coordination: Who Pays For Rental Maintenance In Teaneck, NJ?

Cash flow might not be something you think about often as a landlord. But you should, as it's critical for your business.Cash flow refers to the money coming in and out of your business. Thus, it includes your rental income and expenses.But are you responsible for paying for ...

Rental Analysis in Teaneck, New Jersey: A Guide for Rental Property Investors

Inflation impacts everyone, but rent increases are the biggest issue for those who don't own their own homes.As a landlord or prospective landlord in Teaneck, NJ, you must charge fair rent prices for your properties if you want to attract tenants and cover your costs. If you ...

A Landlord's Property Maintenance Responsibilities in Teaneck, New Jersey

It only takes one busy week for a landlord's responsibilities to snowball. That missed call from the tenant turned out to be a plumbing problem. Which later turned into a flooding issue.These scenarios are the stuff of nightmares. Fortunately, they are also preventable. Read ...

Is Outsourcing Your Tenant Screening Process a Good Idea in Teaneck, NJ?

Real estate investing is widely considered to be a great way to build wealth as long as you're willing to put in the work.There are a lot of elements to property management, and you need to focus on all of them if you want to get the best return on your investments. Tenant sc...

What's Next After Buying Your First Rental Property in Teaneck, NJ?

You've just dipped your toes into the exciting world of real estate by snagging your first rental property in the charming town of Teaneck, NJ. You've navigated the murky waters of mortgages, endured the rollercoaster of negotiations, and emerged victorious as the proud o...

The Advantages of Using a Digital Tenant Portal for Landlords

Over 30% of homes in New Jersey are occupied by renters rather than homeowners.Property management can feel overwhelming much of the time. That's where modern technology comes in. Digital tenant portals are something you won't want to ignore.More and more landlords are tu...

Security Deposits in Teaneck, New Jersey: A Guide for Landlords

You've put your time and effort into buying and spiffing up a rental property to rent out. However, there are always risks associated with becoming a landlord.You might have bad tenants that don't pay rent or destroy property. Asking for security deposits when a tenant mo...

5 Strategies for Lease Renewals

According to the data collected from the Consumer Price Index Survey from last year, nearly 60% of all leases are for a one-year period.When the 12-month period ends, the best scenario for a landlord or property manager is for the tenant to renew the lease.A lease renewal gives t...