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Maximizing Your Real Estate Investment Returns: How Depreciation and Losses Can Reduce Your Income Tax to $0

Real estate investing can provide a range of benefits beyond just rental income and appreciation. One of the most significant benefits is the ability to reduce your income tax liability through depreciation and losses. In fact, it’s possible to reduce your income tax to $0 while still making a profit and increasing your overall income. … Read more

Beyond Rental Income: The Commonly Missed ‘Revenue’ in Real Estate Investing

Real estate investing can be a lucrative way to build wealth, but it’s important to consider all of the potential revenue streams beyond just rental income. While rental income is a significant source of revenue, there are other commonly missed sources of income that can add value to your real estate portfolio. In this post, … Read more

The Danger of Following Investing Advice from BiggerPockets

BiggerPockets is a popular online community for real estate investors, with a large database of resources and advice for those interested in real estate investing. While BiggerPockets can be a great resource, following investing advice from the platform can be dangerous for those new to the industry. In this post, we’ll discuss the risks of … Read more

Cash for Keys: Why it May be a Better Alternative to Eviction

A set of keys lying on a countertop.

As a landlord, dealing with a problem tenant can be stressful and time-consuming. Evicting a tenant is a difficult and expensive process that can take months, leaving the property owner with lost income and legal fees. An alternative to eviction is the use of a “cash for keys” deal, in which the landlord offers the … Read more

Top Legal Considerations for Property Managers: Understanding Your Obligations and Avoiding Legal Issues

A legal document with the text of a lease agreement written in black ink on white paper.

As a property manager, it’s important to have a clear understanding of your legal obligations to avoid any potential legal issues. Failure to comply with legal requirements can result in costly lawsuits, fines, and damage to your reputation as a property manager. In this post, we’ll discuss some of the top legal considerations for property … Read more

The Problem with Falsely Claimed Emotional Support Animals in Tenant Applications

A happy pitbull dog wearing a vest that reads "emotional support animal" sitting next to its owner who is holding its leash.

As a property manager, one of the most common issues you may encounter when screening potential tenants is the topic of emotional support animals. While there are certainly cases where individuals truly require an emotional support animal, there are also instances where people may try to take advantage of the situation to skirt around no … Read more

Investing in Student Housing in Syracuse, NY: Tips for Success

A modern student housing building with clean lines and a fresh appearance in Syracuse, NY

As a real estate investor, student housing can be a profitable investment opportunity. With the right management, a student housing property in Syracuse, NY can generate steady rental income year-round. However, owning and managing a student housing property comes with unique challenges. In this article, we’ll explore the best procedures and methods for having a … Read more

How to Effectively Place and Screen Tenants in a Low-Income Majority Area

A view of buildings in downtown Syracuse, NY

  As a property manager in a low-income majority area like Syracuse, NY, placing and screening tenants can be a challenging task. It is essential to have a thorough process in place to ensure you are selecting reliable and responsible tenants who can pay rent on time and maintain your property. In this blog post, … Read more