How to Maintain Your Rental Property
Key Takeaways Regular maintenance protects your property’s value and keeps tenants satisfied. Understanding landlord and tenant responsibilities under New York law prevents costly disputes. Partnering with a local property management company, such as Yourway Properties, Inc., helps ensure consistent upkeep and legal compliance. Owning a rental property in Rochester, NY, can be a rewarding long-term […]
New York Fair Housing Act: An Overview
When you’re a landlord in New York, you need to know all about the eviction process. Remember to always make sure that…
A Guide to the Eviction Process in Rochester, New York
When you’re a landlord in New York, you need to know all about the eviction process. Remember to always make sure that…
New York Security Deposit Laws
Key Takeaways New York limits security deposits to one month’s rent for most rentals and prohibits nonrefundable fees. Landlords must store deposits in separate accounts and follow specific procedures when collecting, deducting from, or returning them. Violating security deposit laws can result in financial penalties, legal disputes, or forfeiture of the right to make deductions. […]
Property Management Fees – What to Expect
Key Takeaways Property Management Services: A residential property manager handles all aspects of rental operations—from tenant screening and marketing to legal compliance, and repair coordination—saving landlords time, stress, and potential legal issues. Property Management Costs Vary by Factors: Property management fees typically include a monthly property management fee, plus potential charges for leasing, renewals, repair markups, […]
New York Rental Laws – An Overview of Landlord-Tenant Rights in Rochester
Key Takeaways New York landlords must provide key disclosures before move-in, like lead paint info, deposit location, and fire safety notices. Tenants are entitled to safe, livable homes and should be given proper notice for rent increases or when the landlord needs to enter. Landlords can collect a one-month security deposit but must follow specific […]
How to Rent Out Your House in Rochester NY
Key Takeaways Know Your Responsibilities: Being a landlord means managing maintenance, rent collection, and legal compliance with federal and local laws—be ready for the commitment. Work With Professionals: A property management company like Yourway Properties, Inc. can handle tenant screening, maintenance, and legal matters. Prepare Your Property: A clean, safe, and updated dwelling attracts better […]
Reasons to Invest in Rochester Real Estate
Key Takeaways Affordable Entry Point: Rochester’s low property prices make it an attractive market for investors, especially those looking to expand their portfolios without high upfront costs. Strong Rental Demand: With its universities, healthcare sector, and growing tech scene, Rochester maintains consistent demand for rental properties, ensuring steady income for landlords. Economic Stability & Job […]
Best Areas to Invest in Rochester
Rochester, New York, is a city that offers a diverse and dynamic real estate market with numerous opportunities for those looking to buy investment properties. Known for its rich history and historic homes, strong educational institutions, and evolving economic landscape, Rochester presents a unique blend of urban amenities and suburban charm. This article explores the […]
Top Tips When Buying Investment Property in Rochester
Rochester NY is one of the most rewarding locations for investing in real estate, especially if you’re considering rental properties. With a strategic location, a robust local economy, and a stable real estate market, Rochester offers an appealing option for property investors. Here are some essential tips to guide you through buying investment property in […]