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David Schwartz

is the founder and president of The Water Scrooge, which offers maintenance-free, tamper-proof water conservation tools to landlords and homeowners. The Water Scrooge is based in Lynbrook, N.Y.

Do Not Respond to Another Bad Apartment Review Until You Read This

Online review sites have forever changed the way consumers make purchasing decisions.

In fact, ...

How Much It Really Costs When a Tenant Fails to Report Toilet Leaks

Have you ever heard water running through your pipes at night?

It’s probably just some air bubbles...

Multi-Family Properties: Pros and Cons of Management Options

Great property management is vital to a multi-family community's long-term success, but it can also...

5 Tips for Making Your Multi-Family Property Pet-Friendly

It's undeniable—cats and dogs provide a level of companionship like no other. There are some...

6 Creative Outreach Marketing Ideas for Apartment Complexes

Listing available units on Craigslist or real estate websites is "standard procedure," but is it...

5 Ways to Reduce Apartment Turnover Costs

On average, tenants reside in a unit for 2 years before moving onto something new.

That 54%...

4 Steps for Increasing Resident Referrals (Not Your Average Advice)

Referrals are the bread and butter of your residential property marketing strategy. At least, it...

How to Beat the Average Apartment Turnover Rate in New York

It happens all the time.

You’ve finally filled your multi-family home to max capacity and now a...

9 Questions to Ask Potential Property Management Companies

You can't do it all.

At some point, every real estate investor is faced with this realization: It's...

What Are the Best Tenant Screening Services in New York?

As a landlord or property manager, you want the best tenants. Ones that will pay rent on time, not...

The 5 Best Rental Property Management Companies in NYC

Being a landlord is tough. You’re the individual responsible for your tenants’ comfort, safety, and...

How to Choose the Best Apartment Maintenance Contractors

Bursting pipes. Drafty fireplaces, leaky toilets.Apartments don't stay in like-new condition...

5 Surprising Apartment Features Millennials Want Most

It’s happened.

Millennials have surpassed every other age group as the largest generational...

4 Sustainable Apartment Trends Everyone is Talking About

Everyone is looking for the next best thing. Whether it's the newest cell phone on the market or...

How to Solve 4 Common Property Manager Frustrations

Being a property manager isn't always easy.

Oftentimes you're extinguishing one fire after the...

5 Easy Tips for Water Conservation in High Rise Buildings

Managing a high rise building involves many moving parts. Perhaps, the most important of them all? ...

5 Things Great Property Managers Do That Others Don't

Historically speaking, tenants dislike property managers and property managers dislike tenants....

How Much Does it Cost to Paint an Apartment Complex?

When it comes to painting, there's usually a volley of questions that follow.

What color?

What...

Typical Apartment Operating Expenses in New York

Owning apartments is expensive. Fortunately, people pay you to live there. Unfortunately, those...

Retain The Best Tenants with Awesome Maintenance Programs

How responsive and effective is your building's maintenance team?

Maintenance service quality is ...

5 Fast and Easy Ways to Increase Profits From Multi-Family Properties

The number of investors in multi-family properties who do little more than collect checks is...

The Most Desirable Apartment Features Tenants Look For

They say home is where the heart is—but it’s actually wherever someone feels most comfortable.

As...

5 Ways to Reduce Apartment Operating Expenses Per Unit

Owning a multi-family building can be highly profitable—if you’re in control of operating expenses....

How to Take The Best Photos for Apartment Listings

They say a picture is worth 1,000 words, but when it comes to apartment listings, that picture...

Apartment Tours: 6 Steps to Make Tenants Want to Rent From You

Apartment tours are an instrumental part of keeping your building occupied.

Whether you are...

The Shocking Cost of Running Toilets in NYC Apartments

The crashing of ocean waves. The babbling of brooks. The pitter-patter of rain on a tin roof.

For...

The 4 Best Water-Savings Devices for Large Multi-Family Buildings

Have you started planning for retirement?

The best retirement plans are multi-facetted,

How to Know if You Are Paying Too Much for Water

When pressed, most landlords would readily admit they're paying too much for water. But how do you...

How (and why) to Provide Five Star Maintenance for Tenants

Tenant demands action on neglected maintenance problems!

The above was the headline of a major...

4 Surprising Toilet Water Usage Facts (and Why Landlords Should Care)

I think we can all agree, the bathroom is a private place. For many working parents, sitting on the...

Water Infrastructure Upgrades: Landlord Preparedness for Rising Costs

Our nation's water infrastructure needs to be replaced

4 Reasons U.S. Cities Are Facing Water Infrastructure Problems

2.1 trillion gallons of water!

That's the amount of water researchers estimate is lost each year...

4 Ways to Optimize Heating and Cooling In Old Apartment Buildings

NYC landlords of older residential buildings have unique challenges when it comes to heating and...

Top 5 Multi-Family ROI Boosts: Capital Improvements

Building age, location, tenant profile and surrounding competition can all impact the cost of rent....

7 Cost-Effective Tips: Increase the Value of Multi-Family Real Estate

Forced appreciation is probably one of the coolest aspects of real estate investment. Unlike...

4 Ways to Maximize Savings When Getting Units Ready for New Tenants

While every landlord would love to have minimal unit turnover, especially from responsible tenants,...

Attention NYC Landlords: Time is Running Out on Toilet Rebates

What is it...

Time is running out to take advantage of NYC's Toilet Replacement Program.

The Shocking Truth About Tenant Shower Water Usage

Have you ever experienced the pleasure of using someone else's credit card?

Kinda nice, isn't it?

Should You Switch Your Multi-Family Building to LED Lighting?

Switch to LED lighting—it will save you money.We've all heard the claims. But do they match...

7 Ways to Lower Energy Consumption in Multi-Family Properties

For multi-family property owners, keeping a watchful eye on energy consumption is imperative. Not...

Apartment Staffing: 3 Times Contractors are More Cost-Effective

Running a successful apartment community is never a one-man job.

The Landlord's Definitive Guide to Minimizing Operating Costs

They say it takes a special kind of person to become an apartment landlord—business savvy,...

How to Cut Operating Expenses for Apartment Buildings

Operating expenses are part of any business. The nice thing about owning an apartment building? You...

7 Apartment Amenities Tenants Actually Care About in 2016

While homeownership was once considered an absolute for the average American, the value of “the...

3 Tips: Make Older Multi-Family Building Eco-Friendly (On a Budget)

Eco-friendly—it’s a buzzword that’s gone mainstream

How to Save Water and Energy at the Same Time

Water and energy use are closely linked. First, it requires energy to pull water from its source...

What Rising Water Bills Mean for Landlords in 2016

Over the past year, the cost of water rose 6% in 30 major U.S. cities. Overall, the analysts at ...

11 Creative Ways to Lower Utility Bills in Multi-Unit Buildings

Like most landlords and property owners, you're most likely on the lookout to improve both the...

5 Creative Ways to Save Water in Older Multi-Unit Buildings

With water costs rising significantly year-over-year, landlords of older, multi-unit buildings are...