Are you planning to move soon to New York City? But you don’t know where to start and how to proceed? Don’t worry, every move can be stressful and chaotic, especially when you are moving to big cities like New York City even with moving and storage Brooklyn. The biggest problem is finding a place to live. For this reason, here are all the important apartment hunting tips – NYC edition.
First apartment hunting tips – Decide your budget
The first and most important step is to calculate your budget and the amount of money you are willing to spend. For that reason, start with your living expenses including your hobbies as well, such as gym membership, yoga, sports activities, etc. Then once you have all expenses calculated, take look at your salary and honestly decide your price range. When you start looking for apartments, try staying in your budget and stop yourself from spending more than you can afford. Also if you are moving with pets, you should not forget about their expenses as well. Some buildings require additional fees for keeping a pet.
Some seasons can be less expensive
It is different if you are apartment hunting in winter or summer. In winter as temperatures decline so do the demands for apartments. People are less likely to move in winter, so the prices are usually lower and you can score a good deal. The best period in winter for this task is from the start of December until the end of March. Also, landlords are more likely to offer additional benefits, such as paying broker themself. However, because of the corona pandemic, rents are lower than usual, even in the summer.
Apartment hunting tips – requirements
After your budget, you should make a list of requirements for your new apartment. This list depends on your personal preference. Start by listing all the basic features like the number of rooms or bathrooms. In addition to this, if you have a pet or you are planning to get one after the move, you should add that the building needs to be pet-friendly. Then, you should decide on what floor you are comfortable to live in. Some buildings do not have an elevator, so you need to consider if you are willing to take stairs every day. This can be a problem if you end up living on the tenth floor. Also if you have some things you don’t want to carry up to the tenth floor immediately, you should look for cheap storage New York in your proximity.
Hiring a broker or not
In big cities like New York, you need to be careful when you hire brokers or real estate agents. Before hiring a broker, search them on the Internet and read the reviews from the previous clients. This will help you decide who is the best one to hire. Hiring a broker also means some additional expenses. Most brokers ask for a fee of up to 15% of annual rent when you secure an apartment. Also, some bookers are open to negotiating or even let you decide the fee before the start of apartment hunting. This way, you can include expenses in your budget. Even if hiring a broker can affect your price range, it is also the safest way to find an apartment. If you decide to look for one by yourself, then you should look for no-fee apartments.
Apartment hunting tips for finances
Some financial requirements you must meet before so you can be approved for an apartment.
- Annual Salary: Landlords will check if you make between 40 and 50 times the monthly rent. Also, this depends on where apartments are located. In some parts of the city, like Manhattan, it can be more difficult to find an apartment than in parts like Brooklyn or Queens.
- Roommate: If your salary is not enough, you can find a roommate. Then some landlords will combine both of your salaries.
- Credit Check: To assess your financial stability and ensure you as a reliable tenant, many landlords will check your credit.
- Guarantor: if you cant meet the landlord’s requirements, you can ask someone to be your guarantor. For a person to become a guarantor, they should be financially stable so they can pay for your rent if necessary, and to be a US citizen.
Scheduling for apartment visits
Now, it is time for an apartment visit. You should visit multiple apartments in a day as the New York market is very busy, and many apartments are sold quickly. In addition to this, some apartments might be in different places, so you must think about the expenses and time spent on traveling. Some apartments might still be occupied, so you have to be flexible. You might end up visiting the apartment during evenings or working hours. If you are looking for no-fee apartments, then you should contact the landlords personally and schedule the visit.
Apartment hunting tips when you visiting apartments
When you visit an apartment for the first time, you should pay attention to the following things. First, ask a landlord or a broker if the furniture is included. If not, then check if you can pay more to get them. Then, check for signs of rodents living in apartment. You should look under the sink or behind the kitchen cabinets. In addition to this, check the smoke detector, cell reception, and household appliances. Everything should be working properly.
In the end, when you find your new apartment, you need to make a deal. Have all the necessary documents ready so you can secure an apartment fast. If you follow these apartment hunting tips, you can find a good apartment without stressing too much even in a big city like New York.