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Updated about 2 years ago on . Most recent reply

User Stats

11
Posts
5
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Pat Caruso
  • New to Real Estate
  • Buffalo, NY
5
Votes |
11
Posts

New York State Laws and Resources

Pat Caruso
  • New to Real Estate
  • Buffalo, NY
Posted

Anyone have resources for Landlords to navigate the monstrosity that is New York State landlord - tenant laws? NY.gov has some resources, but they seem to be more pointed at tenants. Any experienced property owners in New York have advice on resources that can help me familiarize myself with NYS law and my assets? 

Most Popular Reply

User Stats

111
Posts
47
Votes
Trevor Naumann
  • Real Estate Agent
  • New York
47
Votes |
111
Posts
Trevor Naumann
  • Real Estate Agent
  • New York
Replied

I don't know how Buffalo is, but where I am it's really not as bad as some make it out to be. People often associate all of NY with NYC. I agree that NYC is its own animal when it comes to rental real estate and personally would not look to invest there. That said, I honestly think it's all about tenant selection and screening. The book 'Managing Rental Properties' by the bearded godfather himself does a very good job outlining the process, especially for a smaller operation landlord. I think as long as you pick quality tenants and are providing nice units which are not dangerous or in total il repair you should be fine. 

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