Right now we are busy in NYC and there is a serious lack of inventory for both buyers and renters. In terms of the inventory, NYC is 70% rentals so this is definitely a renters town, but right now a good rental is very hard to find as everyone has...
Right now we are busy in NYC and there is a serious lack of inventory for both buyers and renters. In terms of the inventory, NYC is 70% rentals so this is definitely a renters town, but right now a good rental is very hard to find as everyone has been moving back. If you find yourself unable to find an apartment right now as a buyer you might have to consider renting for a year. So today we are talking about renting in NYC, what you need to know, what you should have prepared, and how to qualify as a tenant.
Most people who live in NYC choose to rent as opposed to buying. With inventory at a low (think needle in a haystack) you need to be ready to pounce on that great rental that you’ve just found. This means having all your paperwork ready to go including a personal bio that separates you from all the other people vying for the same property. Listen to this week’s episode to learn more about being prepared.
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