So you want to be a landlord. Think twice.

I take no responsibility for my tenant's interior design choices.

I take no responsibility for my tenant’s interior design choices.

When I lived in Washington, D.C., I was fortunate to have owned a townhouse for a virtual song.  The apartment downstairs basically covered my mortgage and other costs.

The one-bedroom unit with access to a patio that my tenants shared with me rented quickly during my ten years of ownership.

Each of my tenants but one was great, not making too many demands, too much noise or really any problems at all.  It was the last one that, had I the choice, I probably would have Continue reading

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Weekly Roundup: Slower pace of rent increases, rise of mortgage rates, Gen Y’s influence on house design, tech myths, market predictions

Rents rise at diminishing rate

UWS has highest absorption rate in Manhattan

Glassy condo buildings unwelcome among old money residents of UES

Free shuttle bus can be a deal maker

Those pesky brokers will write anything to set listings apart

Westchester markets enjoys strong finish

Knowing building’s rules one of seven tips for novices renting out apartments

First-time foreclosures drop to seven-year low in the city

Philanthropist’s 26-acre estate on Cape Cod private island sells for $19.5 million

Actor hunting for house Continue reading