Posts with tag rent

Renting From a Relative (The Right Way)

When Rachel Lewis moved in with her mother-in-law in Oakland, Calif., you can bet it wasn't her idea. "It was my mother-in-law's [idea]," she says. "I did not like it. But the apartment next to ours had been condemned because of mold," she explains, "and our daughter kept getting sick, so we left." Living with family can... Continue Reading »

Rent Stabilized Apartments: A Dying Breed?

Perhaps you've visited a friend's apartment and looked around thinking, "I had no idea Insert-Friend's-Name was a bazillionaire!" But there, in a to-die-for two bedroom in the best neighborhood in one of the most expensive cities in America, how could you think anything less? That is, until they utter the words, "It's rent... Continue Reading »

Renters: Use Neighbors to Save Money

Marla Mathless had been a renter in her downtown Manhattan building for seven years before she formally met her neighbor. "He came over and asked if I'd split my cable costs with him," she says. "He said he couldn't afford it anymore and wanted to just drill a small hole in the wall to run the cable into both apartments.... Continue Reading »

How to Make Extra Money by Subletting

When Erica Barth, co-founder of the Harlem Yoga Studio, in New York City got her business going, she found a commercial space within a residential building and subleased it from a resident in the building. "We worked closely with the daughter of the owner of the building," says Barth. "And we just assumed everything was... Continue Reading »

Renters Insurance: What It Does and Doesn't Do

Most people do not sit around waiting for the worst to happen. However, with a nearly 10 percent unemployment rate, it takes only a bit of common sense to assume that increased criminal activity in the U.S. might soon follow. "When I bought a home I was required by the banks -- who have a vested interest in the property... Continue Reading »

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