Home Design. Wednesday , January 17th , 2018 - 13:41:35 PM
Next, determine what you can afford, landlords make this part easy because to qualify for most apartments in the Big Apple, you need to have a good credit standing (650 or above), earn a yearly household income of 40-50 times your monthly rent and if you dont, then you need a guarantor. He or she needs to earn 80-100 times the monthly rent. For example the average one bedroom apartment in East Village is about $2,300 -$2,600 per month; you will need annual household income of $92,000 to qualify and a guarantor, would need a yearly income of $184,000 minimum.
Communities within 15 minutes of shopping centers, entertainment hubs and other desirable landmarks were placed high on my short list. As a contrast, some of the communities I visited were long hauls from commercial activity of any kind, and some were near special facilities Id be more likely to visit on a monthly or annual basis, like Lowes Home Improvements, Home Depot, furniture outlets, vacuum cleaner distributors, and so on.
I have a good friend whose ex-wife worked as a real estate agent for eight years. When they were still together, I had the unique opportunity of getting some great tips on how to look for an apartment in New York. The most impacting tip she gave me was that timing is everything. New York is unlike any city in the country when it comes to this, in most cities you generally start your apartment search two or sometimes three months before your move out date. In New York the market moves so fast that most landlords want to sign leases immediately after your application is accepted. At the very most, you have a month to search, the best deals generally come out the first week of the month or the third week of the month. Approximately 70% of the listings in the first week of the month are for movers moving on the 15th, 30% are meant for movers moving at the beginning of the next month.