Apartments for Cheap

Questions and Answers

Your Questions About Apt For Rent In Nyc

October 10, 2012

Susan asks…

I am starting to think about buying an apartment in NYC that costs X. I have 10% saved for a down pmt. Help!

I have a 2 hour commute into the city each way for my job and I need to stay late many nights each week.

I was hoping to buy an apartment in the next year. The problem is if I rent an apartment now (because the commute is killing me) I will not be saving money I need to save for a down payment on an apartment.

If I want to buy an apartment that costs X and I currently have 10% saved should I start looking at apartments to buy now, should I continue to save $1K per month for a year and then look, or is it ridiculously stupid to even think about buying an apartment with only 10% down.

Another thing that I was thinking is that if I do buy an apartment, I can rent it out to people with short term leases (I’d obviously need to see if this is possible before purchasing the apartment). My commute is a pain but it is doable I can suck it up on a short term basis, live at home (when someone is occupying my apt.) and apply additional $$ to principal. Any advice is welcome! Thx
Ok, forget about renting the place. And I am not saying that if I save 1k per month for a year (12K) I will have 20% down payment…I’m just saying that right now I have 10%.

Please just let me know if you think I would be able to buy a place in the city with only a 10% down payment. Thanks

Administrator answers:

I have yet to see a condo or co-op in NYC that allows owners to rent their unit out like a hotel room. In fact, in every prospectus I have ever seen, it is expressly prohibited.

Loans for primary residences have better terms than investment properties. At closing you would be required to sign an occupancy affidavit.

Non-payment of rent cases in NYC can drag on for two to three months. Are you prepared to deal with the possibility of someone living in your place for free while you pay the taxes, maintenance and mortgage?

If you can afford a place now and can get a mortgage with only 10% down, do it. An extra 12k isn’t going to make that much difference on a NYC size jumbo mortgage. The price of the apartment will probbaly go up more than that in a year.

Sandy asks…

Problems with the super and landlord NYC?

Hello,
My mother and I live in an apartment in uptown and we are having some problems.
The apartment was passed down to us from my grand parents and is an old building.
Like all old buildings do this one has many problems some of the issues include:
–no intercom
–the building door is not locked
– There are no cameras
–the roof door is always open
–the walls of the apt haven’t been painted in the 9 years we been living there
– The walls are a crack in some places
– And every time water spills it goes straight to the apartment below
This are some of them you can imagine the rest.

We constantly ask the super to fix some of this problems but he never does.
His excuse is to bring it to curt if we want to cause he is not going to do nothing about it.
He says I party too much and he got complains from the other tenants, also once the hand washer broke and he took pictures but didn’t fix it saying that he going to use it in curt if we take him to curt.

So what can I do about it?
I do party every weekend. But is because I work and study on the week days and on the weekends I like to let loose.

Also he adds that we are renting rooms and he will bring it up in curt.
We do rent a room but is a friend of mine who was living with us for free but now has a job and decide to put up some money.
Ok if their name is not on the lease, but mine is not because i have the right as i am family of the tenant right?

it doesn’t make any difference how long i know him for and that if i ask him to leave he would have to stay on the street?

Administrator answers:

Your landlord/super does have to fix your complaints under NY law, but you might want to proceed carefully since you are violating some rules as well.

You are not legally allowed to have someone living in your apartment if they are not on the lease (it does not matter if they are paying you or not) and if you complain about what is going on in your building you might end up losing your apartment.

What you can do though is call 311 and make an anonomyous complaint about your building…someone will come out and take a look right away and there will be no connection to you!

Laura asks…

What are some safe and decent priced areas to live in in NYC?

I’m a sophmore in high school and I’ve been looking at a few universities and colleges in New York City. I don’t anticipate living in a dorm so I’ll need my own 1 bed r. apt. I’ve visited there two times and its offically my dream city but I don’t really know much about the districts and areas there. I was looking for an artsy district that had a historic feel, a theater district etc. I also need somewhere that wouldn’t be as expensive, I can live with $1000 rent, but I also want a place that is safe. Conveniences nearby would also be nice. I’ve probably havent given you much to work with but I don’t even know excatly what I’m looking for myself so sorry =[. Any help is welcomed!

Administrator answers:

$1000 in NYC on your own is pretty much impossible, unless you’re in one of the few truly rough areas or in an apartment the size of someone’s bedroom. You should definitely consider a college dorm because of the cost of living there, at least for the first year until you can figure out where you want to live and can get used to your surroundings.

Having no idea of what your academic interests are, here are some choices you might consider:

Hunter College (smaller liberal arts college)
NYU (large comprehensive school)
Columbia (Ivy League school, among the best in the world)
Long Island University-Brooklyn (in Brooklyn, not Manhattan…less expensive, good alternate choice)
Fordham University (excellent school with good reputation, not in Manhattan….it’s nearby, in the Bronx)

Good luck!

Donna asks…

How to appeal food stamps decision?

I’m unemployed and live in NYC. I appiled for food stamps but got deined because they said I made too much money. I get the max of unemployment at $450 a week.

I go to court tomorrow to appeal the decision.

My rent is 950 a month, and I pay gas and electric. I haven’t been paying my rent and I lost my lease, so I’m not sure how to show that my rent is $950.

I do have my gas and electric bills and I am moving to another apt where my rent will be $650.

What documents can I show to prove that I do need food stamps? Should I fake my rent recipts for my $950 apt? Or show them the rent demand letter? Or show a letter from the new landlord?

Having money to pay for food would be a blessing. And I would save. .

Administrator answers:

Of course having food money is a blessing. Free money is great for everyone. But, if your income is over the limits, then you do not qualify. You are an adult. You are supposed to live within your means. That means saving some money for a rainy day.

So, what do you want to accomplish by showing your bills? If you make over the income amount, how does showing you were paying too much in rent make you qualified for food stamps? It just means you budgeted incorrectly.

Ken asks…

How to appeal food stamps decision?

I’m unemployed and live in NYC. I appiled for food stamps but got deined because they said I made too much money. I get the max of unemployment at $450 a week.

I go to court tomorrow to appeal the decision.

My rent is 950 a month, and I pay gas and electric. I haven’t been paying my rent and I lost my lease, so I’m not sure how to show that my rent is $950.

I do have my gas and electric bills and I am moving to another apt where my rent will be $650.

What documents can I show to prove that I do need food stamps? Should I fake my rent recipts for my $950 apt? Or show them the rent demand letter? Or show a letter from the new landlord?

Having money to pay for food would be a blessing. And I would save. .

Administrator answers:

Sorry. The reality of the situation is that food stamps isn’t based on your expenses – it is based on your income. Period. And at $450 a week in unemployment you have no business being entitled to food stamps. Look for a place to live in which you can afford; that’s what anyone else who lives on $450 a week would do. You are wasting taxpayer money by taking this to court as far as I’m concerned.

Carol asks…

LADIES, WHAT WOULD YOU DO? :( ?

So basically here is the sitch:

My boyfriend decided he loved me but wanted space and wants me to move out and find a roommate blablabla….

my heart is a wreck. I live in nyc, and it is EXTREMELY SUPER RIDICULOUSLY hard to find a sane roommate, cheap rent, OR a bed-bug free apt. A real nightmare seriously. Last but not least there are HUNDREDS of scam artists on the nyc craigslist apt. search section (i get so much scam mail believe me) And so basically…..

I work and make only 260 a week with my job and there is a nice couple offering me a room for rent for 600 a month. So I will be BROKE AS A JOKE AND LIVING ON SMALL BUDGET. :(

However, the room looks clean in the pic. I go to see it tomorrow.

The CONS:
I am not allowed to let my cats out my room and the couple is a MAN AND A WOMAN…..Soooo I am kind of scared of being raped and or oogled at by her man. I am very attractive and I don’t want to feel like I am being undressed with his eyes, or stared at. I am very sensitive about it and don’t like men staring at me even if I am cute or whatever.

So being that I am in a sticky situation and I know “beggars can’t be choosy” what would you do? I would rather of course be a REAL roommate with full access to the whole apt. and only live with women, but since I must be out by OCT 1ST. time is of the essence.

WHAT WOULD YOU DO? :( AND SHOULD I BE THAT WORRIED ABOUT HER HUSBAND OOGLING ME OR MOLESTING ME IN MY SLEEP OR SOMETHING?……

Administrator answers:

Ok i would at least give it maybe 2 weeks and see if u like it and i dont think he will do anything to u

Helen asks…

what is like living in Huston??? will it be a right place for me to move in ??i need some advice .?

ok so im 18 going to college hopefully in winter i live in NYC im going to college for veterinary technology.
i love NYC so many thing to do here lots of friends my whole family lives in NYC or around it
now i wanna move out after college cause im kinda sick of living with my parents
now how its life n Huston ?? the weather??? i really hate winter weather in NYC its soo chilly and cold
how much approx. is the monthly rent for an apt. for example 1 bed room apt.
now here is something that im unsure of is there public transportation there like buses or trains ?? cause i really don’t want a car

and if with a degree in veterinary technology will i be able to find a job there in Huston ???

the other city that i was thinking about moving was New Orleans but after the Katrina im really not sure about it
well here in NYC it is also really humid the worst and the most hot months are July and August its like 90F or more and without an AC you can easily be “boiled” in the apt.

Administrator answers:

Houston gets just as hot and humid in summer as you described New York, but we have air conditioning everywhere. The rest of the year it’s ok, but still can get humid.
I’ve lived here all my life and I love /hate it. I love that there are lots of great things to do. It’s no New York, but there are still so many things to do here I never get bored.
Living and working near downtown and River Oaks, Del Monte, Rice University, S Shepherd, Montrose or the Heights are probably the best places for you if you don’t have kids. It’s close to everything downtown has to offer, like the theaters, symphony and museums. Eating out is great. Google the Houston Press to find out what’s going on in town.
Mostly, public transportation does not extend to the suburbs. They have park and rides for commuters. Metro rail gets downtown people around and there are buses for the inner city. You won’t find it anywhere near as easy to get a cab as you do in NYC, and they are pricey.
Living expenses are quite doable. You can probably live like a king here on what you pay for a NYC flat.
My best advice is to live close to where you find a job. The traffic is awful getting to and from the suburbs. If you can’t find a vet job in the inner city, try looking in the Woodlands. If you have kids, that’s the best place to live in this area.

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