The Real.Est List
Renting advice from the master
Believe it or not, it's still rental high season here in New York City (it doesn't end until around October), and we suspect many of our readers may be finding that they're facing stiff competition for rentals whose prices are through the roof.
So we decided to dedicate this week's SurvivalList roundup to our Rent Coach column, which helps readers navigate the ins and outs of this crazy city, where renting is the norm, and buyers are in the minority.
Rent Coach is penned by Mike Akerly, a real estate attorney, mom-and-pop landlord, and a very busy real estate broker.
Perhaps unsurprisingly, many of the problems Rent Coach helps solve involve renters' rights -- like the aforementioned security deposit woes, as well as whether it's legal for a landlord to ask for two months security deposit, whether a renter has a right to legal action after a landlord lied about bed bugs and much, much more.
And he's not just focused on renters. Many Rent Coach columns are geared toward landlords looking to rent out their places, with tips on getting an apartment ready to rent, advice for a pet-friendly landlord, and guidelines for being a better landlord. There are even tips for AirBnB-type landlords, who are becoming more and more common.
For these -- and many more -- advice columns take a look below.
Glossary of NYC real estate terms:
- The co-op I'm renting just sold. Do I have to move?
- Can a landlord really ask for two months security deposit?
- Can I get my broker's fee refunded because my landlord didn't paint my apartment?
- Can my landlord make repairs when I'm not home?
- Do I really have to renew my lease two months early???
- The high cost of second thoughts
- Renter's remorse
- Renting in a new building that lacks a C of O
- What happens when your "landlord" doesn't own the building
- Renewing your lease when the landlord wants to sell
- Visiting dog sparks eviction
- Compensation for move-in delay
- Landlords can come in, but you deserve notice
- Lighting a fire under the super to fix the stove; risky sublet business
- Fair and foul play with security deposits
- No dogs for renters, the fine art of rent hikes
- False bed bug history
- Temporary wall rights
- California Closet shakedown
- My landlord won't let me renew unless I get rid of my dog
- Being an AirBnB landlord isn't for everyone
- Inside tips for amateur landlords
- Tips for getting an apartment ready to rent
- Protecting yourself from a corporate tenant
- Should I rent to a trust funder?
- My tenant is a hoarder. What should I do?
- Advice for a pet-friendly landlord
- How to be a better landlord
- When your potential tenant bugs you
- Apartment hunting without your roommate not a great idea in NYC
- Advice for picking a roommate
- Roommate swap out
- Does a boyfriend have roommate rights?
- A smoking roommate
- Why won't my rental agent commit to a fixed fee?
- Broker fee confusion
- Same apartment, different prices; rental agent double-dipping
- Agents who tell, not show
- Going around the broker
Finding/securing the right apartment:
- How to win a rental bidding war
- The dark side of a no-fee listing
- The downside of renting a fully furnished apartment
- Should I get a rental inspected by a pro before signing the lease?
- Should I rent an apartment above an empty storefront?
- Is there such a thing as a "standard" lease?
- First rent, then buy; tough talk on rent reductions
- 10 luxury rentals still offering concessions; advice for picking a roommate
- Cutting a rent deal in advance
- Cheapest 2-bedroom neighborhoods
- I just handed over $20k without a signed lease
- I rented my apartment for the patio--and now I can't use it
- When a condo turns rental, who pays a jilted buyer's expenses?
- My apartment is illegal. Can I get my broker's fee back?
- Sublet or scam
- Bad credit blues
Renting a co-op or condo:
- Sneaking by the board to sublet a co-op
- The downside of renting in a co-op when the owner breaks the rules
- What to know before renting-to-own a new condo