When prospective tenants look around a property, they will tend to be looking for a number of things. Sometimes of course they will have specific criteria that are unique to them but at the same time there are a few common requirements that a lot of people will have.

Real property management means looking at these factors and making sure that the place you are offering ticks as many boxes as possible. You need to make sure that there are no aspects of your property that are causing lots of tenants to turn away and that means understanding what it is that people look for as priorities.

A good-sized, well designed kitchen is just such an example of a commonly sought-after requirement and it’s not hard to see why. The kitchen is one of the areas many of us will spend the most time in as we’ll be there to cook, to pack lunches, to wash up and even to eat. As an important part of our routine, a kitchen can have a big impact on our day-to-day satisfaction with a property so it’s essential that it be up to par.

The question then, is how to know whether your kitchen might be putting people off and what you do about it if it is. Read on…

Size

The most important requirement for a kitchen for most people is going to be that it’s decently sized and this becomes even more important in a house share or a family home.

Of course you are going to be limited in this regard somewhat by the dimensions of your real estate. This though is where some real property management can come in handy.

For starters, if your kitchen is severely detracting from your property, you might want to consider expanding it by knocking down a wall or even just going open-plan. Failing this, you can use a few tricks to make a kitchen look bigger – using lighter colored paint is surprisingly effective for instance as it helps to proliferate light around the room.

Layout

Also important is the layout of your room. If you really can’t do anything about the size or the appearance of your kitchen, then the right layout can at least go some way towards compensating for diminutive dimensions. Adding some verticality by having kitchen cabinets higher up on the wall can make a big difference for instance, as can choosing the right arrangement of countertops so as to maximize the available surface areas. You can even apply some DIY ‘hacks’ like putting shelves up across the windows. A real property management company will be able to help guide you through this process.

Utilities

Similarly crucial is that your kitchen offer all the right utilities. Having enough rings on the hob for more than one person to cook can literally make or break someone’s decision to move in. Another great selling point for any property is a washing machine and dryer. If you don’t have space in your kitchen remember that these can go into other rooms.

Quality

Finally, make sure that you invest a reasonable amount into your kitchen décor. Recognize that a granite countertop is likely to offer great return on investment by helping you to attract more high quality residents and put your kitchen décor high on your list of priorities. Knowing where to put the investment in both to keep your residents happy and to improve your profits is what real property management is all about!

New York is notorious for absurdly high property rental or sale rates, which comes as no surprise to renters and landlords alike. This also means that property owners can get so much more in terms of rentals compared to real estate in other cities. If you own several properties that are up for rent, one of the most important steps to take would be to hire a property manager or at the least, get sound property management advice. Here are a few reasons why hiring a property manager is a wise and prudent move for any property owner in New York.

Why You Need a Property Manager in NYC

Professional Management

A property manager specializes in this particular field, which means that you can expect professional service in terms of detailed reports, someone who is on the job when problems with tenants arise, and you have someone who can deal with rental collections and other important issues. Most property managers have experience doing basic household troubleshooting such as fixing leaks, broken fuse boxes and the like, so you also get to save on maintenance costs. This can be essential for landlords with no handyman skills or have to time to attend to repairs.

Knowledge of Property Laws and Regulations

Many landlord posses the most basic knowledge of property laws in their states, which may not be enough when it comes inspecting contracts and making sure that the landlord’s rights are not breached without him knowing about it. Knowledge of local regulations and policies also ensures that safety and other legal requirements are met by the property to avoid penalties or lawsuits. A property manager has an extensive and up-to-date knowledge of NYC property laws and regulations so he or she can make sure that the landlord and property is fully compliant with state property tenancy or rental laws.

Save Time

Many landlords have day jobs that have nothing to do with their rental properties. A property manager can take over the running of the property, giving landlords and property owners free time to do more important things. The services of a property manager becomes even more invaluable when personal emergencies and important obligations, such as jury duty, occur. Landlords can take care of these matters knowing full well that a competent professional is running the property for them.

NYC property management companies provide landlords with the professional assistance they need to run an efficient tenancy operation that complies with state laws. Not only does a professional property manager take care of tenant needs, he is also a professional who can be expected to give detailed reports and can be relied upon to run an efficient tenancy operation that benefits both the tenants and the landlord.