New landlord: 10 tips if you're renting out a NYC apartment for the first time

… Becoming a landlord can provide income to offset the expenses of owning … prepare a comprehensive lease and ensure adequate insurance coverage Be prepared for a steep learning curve E ven if … ensuring that all systems within the unit worklike plumbing appliances and heatbut you must also ensure safety measures …

By Jennifer White Karp |September 30, 2025 - 3:30PM