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Property Management Services Serving owners, tenants and neighborhoods in the greater Syracuse area.
Syracuse, New York, Code of Ordinances
REVISED GENERAL ORDINANCES PROPERTY CONSERVATION CODE OF THE CITY OF SYRACUSE Article 1. General Provisions, §§ 27-1-27-10
We post the Building and Maintenance Codes, which can be accessed theough the links above, because keeping a property up to code is a necessary part of successful rental property investing.. For many years Syracuse let the non owner occupied properties in our area deteriorate and the effect of this lapse is less then faborable for the non resident investor. Currently the percentage of non owner occupied properties is approximately 63%. This compares most unfavorably to a 12% national rate. In the city of Syracuse alone there are over 3500 properties with two years or more of delinquent taxes. This is largely because owners simply can't afford to keep their properties in rentable condition destroying any opportunity for positine cash flow. The result of this is that there are a large number of houses that can be purchased for very low pricesnad rhere are unscrupulous real estate promoters who convince unwary investors to spend money in the "affordable" Syracuse area real estate market without advising the investors they attract about the real costs of ownership. For their part, these investors often do not or avail themselves of professional property inspection services. .The result is unsuspecting deliberately uninformed investors who do not possess the resources to improve their position.and make their properties cash flow positive. Mel & Jay spends a large portion of its time working with owners in this position on strategies to bring their properties up to livable standards in a affordable manner. Our low cost maintenance crews and service professionals make it possible for owners to get the best possible return on their improvement dollars. The city is now holding Syracuse property managers responsible for property condition and code violations. We actually support this fairly recent change in attitude the city has embraced. If they adhere to their own rules the situation in Syracuse should improve. Mel & Jay has a hard and fast rule that all the properties we manage be currently up to code, in the process of being brought up to code or be unoccupied and boarded up. We suggest that all prospective owners in our market aavail themselves of professional inspection services before purchasing specifically aimed at assuring the investor of the requirements for bringing the [ptential investment property into compliance with the applicable codes.
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Call: 315.256.9817
