News: Brokerage

LandlordsNY.com offers membership, free resources

As a landlord or property manager it’s an ongoing challenge to run a successful, efficient business in a complex market like New York. Many landlords often say it feels like every day of the year a new law or regulation comes out from the city or state. A problem for many landlords is that short of having a large circle of close friends or family in the real estate business to turn to for guidance, landlords and managers are left trying to process these new laws/regulations on their own. Until now, that meant spending an abundance of time and energy trolling through multiple sources and paying experts for answers to quick, simple questions. Owners must stay on top of every facet of the industry; including laws, insurance, contracts, tenant actions, regulations, court procedures…the list goes on and on. Out of this frustration came the idea that launched what is now LandlordsNY.com – a virtual and free network for New York landlords and property managers that provide a host of resources to help them run a successful business all the while allowing them to connect and learn from each other’s experiences and knowledge. At LandlordsNY.com landlords and property managers now have an exclusive social network for the first time. Need clarification on the newest laws and regulations? Want to bounce a question or idea off other landlords? LandlordsNY is online and available 24 hours a day, 365 days a year to assist its members – and completely free. Confer with total confidentiality on any issue with a private community of colleagues and peers. One feature, “Ask the Expert,” allows landlords and managers to obtain free advice from top legal, financial and regulatory experts. LandlordsNY has secured partnerships with leading industry experts who are available to privately answer member’s day to day operational questions at no charge. Receive an answer within 6 business hours from the following experts: Transaction/Lease/Litigation Expert - Stein, Farkas & Schwarz, LLP Landlord/Tenant Expert - Slochowsky & Slochowsky, LLP Violations Expert - Jack Jaffa & Associates Loan Officer - Meridian Capital Group Energy Consultant - NECS, Inc An online Vendor Directory saves valuable time when looking for a quick service bid. Rather than making several calls for references, members can find qualified vendors for every service and product they may need and see if fellow landlords have endorsed them by how many “thumbs up” are given. The Landlord Forum encourages members to confer, vent, bounce ideas off each other with complete confidentiality and anonymity. All members are vetted to ensure they’re qualified owners or managers in New York. Additionally, LandlordsNY provides its members with property listings, market trends and tools, a landlord calendar, tip of the day, forms and resources, up to date real estate news, a live chat, and more. Membership is free to qualified landlords or property managers in the state of New York. LandlordsNY.com membership is exclusive to those who own and manage properties as a business. Qualifying criteria for members are: you must be a landlord or manager of property in New York. For residential property, you must own or manage a single property that has at least six units. For commercial property, you must own or manage either 5,000+ sf of office space or retail space or 10,000+ sf of industrial warehouse space.
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