How Does Renting Work?
By Robin Shapiro
Some people may have not rented a new apartment in many years and need a “refresher,” or they many never have rented. I advertise my list of available apartments in The Rockaway Times and on my website. An astute client may even call me to see if I have any ideas which are not advertised. Occasionally I can produce an idea for a rental which isn’t advertised.
Finding apartments which fit a renter’s needs is the challenge. Parameters for consideration are: budget; number of bedrooms, baths; who pays for gas and electric; availability of a washer/dryer; which floor and views; location; pets; parking; etc. The rental applicant submits a credit report which must satisfy the landlord. The renter usually pays at least one month’s rent and one month’s security to the landlord, and one month’s rent as a fee to the broker. These costs can vary depending on the property.
Daylight Savings Time ends at 2 a.m. on Sunday, November 3, always the first Sunday in November. The clocks “fall back” one hour and we gain an hour that day. The sun will set one hour earlier. Today is Halloween. Many kids (and their parents) enjoy trick-or-treating. Call me. Love, Robin.
