In This Article Key Takeaways Property taxes are based on the value of your home and may fluctuate based on market conditions or renovations done to the property.If you feel your assessment is inaccurate, you may file an appeal to...
In This Article I first became acquainted with the acronym NIMBY (“Not In My Backyard”) 20 years ago when plans for a $5 billion megaproject in Brooklyn Atlantic Yards (now named Pacific Park) were first mentioned. Now, the term is...
Choosing between a co-op and a condo is a significant decision for potential homebuyers in New York City, with each option offering unique benefits and challenges. Co-ops, where buyers purchase shares in a corporation that owns the building, often provide...
In This Article This article is presented by NREIG. Read our editorial guidelines for more information. Property insurance provides crucial protection for investment properties, offering financial protection against a variety of risks that could otherwise lead to devastating losses. According to the...
In This Article Key Takeaways More than 32.7 million homes from Texas to Maine are at risk of hurricane damage this year.New York City could see as much as $2.3 trillion in property damage. Houston is the most at risk...
In This Article Key Takeaways Senator Elizabeth Warren’s American Housing and Mobility Act of 2024 proposes investing $500 billion to construct three million new homes and make housing more affordable, funded by increased estate taxes on wealthy Americans.The bill aims...
In This Article Key Takeaways As a first-time landlord, it is crucial to strictly adhere to your application requirements.Offering more flexibility in your lease duration can maximize rental income and improve your chances of retaining current tenants through various lease...
In This Article A standard economics textbook depicts humans as rational beings who always employ careful analysis to make the most advantageous decisions based on the costs and benefits of the available options. Since the 1960s, behavioral economists have questioned...
If you get your property management wrong, you could lose tens of thousands of dollars. A sketchy property manager could take all your rent and run, leaving you with the bills and no hope of recovering your long-lost rent checks....
Your rental properties are sitting vacant—what do you do? Do you sell or lower your rent price to spark some interest? Will reducing your rent open you up to bad tenants? We’re getting into exactly what you should do in...
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