Investing in rental property is an effective way of building a solid income or padding an existing nest egg. Everyone needs a place to live, after all. However, without proper preparation, novice landlords may begin to experience costly landlord-tenant disputes. Such disputes can quickly deplete your savings and also make you regret your decision to become a landlord in New York.
Attorney-approved tips for novice New York landlords
Beware of these nightmare tenants
If you are a landlord or a property manager, chances are you've had your share of problem tenants. Some can wind up renting from you due to lax screening processes, but some seem to, unfortunately, fly under the radar.
