Lessons from a Small Landlord
… on your victory Even though youll be getting rentfree subsidized housing for the next four years you … Jane Jacobs disciples historicallyoriented yuppies and old rentregulated tenants restrictive zoning landmarking and … … Fix rent regulation right now … There are over 30 vacant apartments on my block that are unoccupied because NYCs rent …
… to ask their landlord for upgrades as these tend to lead to rent increases While this is true you shouldnt get too … that I ask myself Do I need to do this Can I charge more rent for it This gives me five possible answers to the … Ill pay for necessary repairs or replacements that make my apartments nicer than the cheapest generic rental units Ill …
… too enthusiastic or visible Ill nail them with a punitive rent increase Though this may be news to tenants this isnt … they dont Ill also work hard to find them alternative apartments with landlords in my personal network providing … and flexible after all if I can keep the apartment rented right up until closing on the sale of the building …
… lease with the incoming tenant collected three months of rent upfront and agreed to a movein date my goals around a … professionally and cordially Number 3 of course is inherent to the moving process new renters often bring this upon themselves by trying to move …
… Excellent my strategy is working I will never advertise my apartments on Craigslist And your broker will never hear of … more than the maximum amount I could ever squeeze out of my rentals My rentals are my pension and my goal in finding a tenant is a …
… first In the real world for everyone else lawyers write 10 pages attempting to codify what reasonable means From my … I dont know any landlords who use it Instead the landlords main ways to get you to comply with the lease are to raise … I dont know A fully executed lease in NYC can stretch to 30 pages but a lot of these are governmentrequired forms …
