Apartment Rentals in New York City – what you need to know.
Posts under Tips for Renters Category
Now, imagine having to pay a broker’s fee on top of these high rents. A broker’s fee in Manhattan is typically 15% of the first year’s rent. Not the first month’s rent, the first year’s rent!
Up until now, your rent payments didn’t impact your credit score – more or less. Of course, if your landlord had to sue you to collect the rent, there was a negative impact on your credit
Owning a dog in New York City is a luxury if you are a renter. Very often, RDNY.com renters are surprised when they see the number of listings that would be available to them if the didn’t have a dog triple or quadruple. It’s especially difficult to find places that will approve of your dog at the low end of the rental scale.
The number of truly useful articles on renting an apartment in New York are minimal, and often they can’t make up their minds whether they are trying to appeal to newbies to the rental scene or sophisticated New Yorkers.
We are proud to announce that we have just teamed up with RDNY (Rent-Direct NY) to make your apartment hunt just that much smoother. All RDNY listings now have the MapThatPad button
The guarantor must meet high financial standards since he/she must support his/her own household as well as your household if you fail to pay the rent. Landlords usually require that a guarantor should have a good credit history and an income at least 75 times the monthly rent.
Queens residents have started rebelling against their hyphenated addresses, asking why Queens is the only borough whose addresses are dashed. And there are no easy answers:
The real estate agent/broker is disappointed that he won’t get to keep his commission. So he’s telling the renters that they will have to forfeit it to the ‘landlord’. Ha! The landlord isn’t going to keep that commission and he knows it.
The fact is, when you’re trying to qualify for an apartment rental, some of the items on your credit report that can pose a threat to your plans might surprise you. Here are 5 surprising credit report entries you absolutely must fix.
Owners need to know that in the event the rent laws expire, the tenants occupying those rent-stabilized units would REMAIN PROTECTED pursuant to the terms of their leases and the numerous tenant protections contained in various other laws.
2009 and 2010 were the exceptions. With businesses not hiring, the thousands of recent graduates that flock to the city every summer in pursuit of jobs, careers and a new apartment never materialized. The early signs of 2011 show a distinct turn-around.
Paying rent on time may soon improve your credit score. For the first time, landlords have incentives to report rental payment history to credit bureaus. This can be good news for many renters who need ways to boost their score.
From Gothamist, published 2/18/11 Ken Maldonado for The Wall Street Journal The St. Johns Heights condos at 524 St. Johns Place in Brooklyn. In certain circles, Crown Heights just doesn\’t have the same cachet as Prospect Heights. But it\’s not as easy for apartment hunters to find good deals in the ProHigh these days! Thankfully, realtors have come up with…
Millions of consumers have fallen out of favor with the credit scoring gods. Whatever the reason, the rising number of foreclosures, short sales, late credit card payments and the ultimate credit sin — bankruptcies — have left black marks on credit reports most everywhere. So what can these people do to repair their credit?
One of the most stressful parts of moving into a new apartment in New York City with roommates is figuring out who gets which room and then deciding how much each person will pay in rent.
Q What are the regulations when a New York City rent-stabilized apartment becomes vacant? What determines how much the rent can be raised, and how is it calculated?
Your home\’s furnishings and layout can greatly affect your sleep and energy. The bedroom should used be for sleep and sex only, says…
It can include a real estate broker adopting the Native American tradition of burning sage in an apartment in preparation for the first open house. It can also extend to include the afternoon-long space clearings that Ms. Wendell does with clients,
Q. What are the implications of taking a roommate into my rent-stabilized apartment, considering that my rent is already over $2,000 a month?
It’s hard enough finding a decent apartment to rent in NYC, and, as the NY Times correctly pointed out the other day, even harder to get approved if you fail to meet the minimum income requirements.
If a parent is a guarantor on a NYC lease, What kind of documents should the parents provide and are there are forms to sign?
Thank you to BrickUnderground.com. Post by Openthedoor-man | 11/29/10 – 6:52 AM Tis the season to be jolly. Yep, jolly indeed are the doormen of every building hustling and bustling in tune with the sugar plums and ginger bread cookies dancing in our heads. Okay, who the hell am I fooling? It’s really because of those beautiful envelopes and what’s…
The City Room blogger at The New York Times Online has been doing us all a public service. Kudos to her. She started asking what kinds of controversial demands New York City landlords make on renters, particularly those renters that need a guarantor.
Renting an apartment in a coop building can be easy or a nightmare. There are some important things you should know before you even consider with renting an apartment in a coop building is for you.
There\’s a lot to keep in mind when searching for an apartment. These tips will help you get the most out of your search…
Every New York City renter has to have a strategy to finding the best apartment, in the best location at the lowest rent. This guide will help you achieve that goal.
It doesn\’t take much these days to find oneself strapped for cash. But with a little creativity and knowhow, even renters can use their homes as a means of income.
I\’m finding out that because my ceiling and two of my walls are exposed, my apartment is *freezing*! I don\’t have control over the heat!
The key to finding the right NYC apartment is… not your broker, not the free websites, not even having lots of money (although that helps). The key to finding the right apartment is both obvious and hidden inside you.