How a Green Residential Rates Guide Could Save You From Rental Crisis
A guide to understanding the different types of rental rates and the different methods landlords and property managers can use to collect them.
The guide, published in the September issue of New York magazine, explains how landlords and managers can vary their rates to avoid eviction, and how to use these rates to protect yourself.
“A lot of the problems you might have with landlords and the housing market are related to the amount of time landlords are able to collect their rent, whether they have the tools to do that, and whether the rates are accurate,” says Ben Schwartz, a professor at the New York University Stern School of Business who authored the guide.
“The more accurate a property’s property record, the more expensive it is to evict.”
Renters need a little guidance on the correct rates for various types of rentals, including studio and one-bedroom apartments, and rental units that include shared or shared bathroom and kitchen areas, as well as small units that can’t be shared.
Renters should also look for any warning notices that landlords might send about eviction notices.
The Housing Department is currently working on a guide for landlords and housing managers, and the guide will be published later this year.
Schwartz says the guide is a good starting point for renters, who might not realize how much their rent is worth.
“You should be looking at this guide as a starting point,” he says.
“It’s not an exact science.
The housing market is changing and new housing policies are coming out.
And landlords are not just looking to collect rent anymore.
They’re looking to maximize profit.”
How to Protect Yourself When you have trouble paying your rent, Schwartz recommends looking for a property manager that has a good track record of keeping its rates accurate.
“Some of these landlords have a history of making mistakes,” he explains.
“I’ve heard landlords say, ‘Well, if I’m not making money, why would I give them my property?'”
The best way to protect your rights as a tenant is to take the time to learn what the laws and regulations are about and to do your homework.
You can also contact your local city and state housing agency.
“If you’re having trouble finding a property that’s going to help you pay your rent and you’re still having problems, it might be time to get some advice from an attorney,” Schwartz says.
If you’re not in the market for a rental, Schwartz says you can also look to the courts for help.
“In New York, you have to prove you have the ability to pay your landlord’s rent, and you have three types of proof: a court order, a complaint from your landlord, and some documents from your credit report.
But the courts will typically not accept the landlord’s written excuse for eviction.”
Rent Guidelines and Rental Rates New York City and some of its municipalities have some guidelines for how landlords can charge tenants for their rent.
Here’s what you need to know about what your landlord can and can’t charge you.
Rental Guidelines in New York New York’s rent guidelines, issued in 2015, are a good place to start.
The guidelines state that a landlord may charge a “reasonable rent” for a rent-stabilized apartment, for example, $400 per month for a two-bedroom unit, and $350 per month per apartment for a three-bedroom apartment.
However, landlords may charge rent based on certain categories of renters, such as seniors, people with disabilities, students, and people with lower incomes.
“There are limits,” Schwartz explains.
For example, if a landlord charges a higher rent for a certain type of renters (such as those with a disability or a higher income), the landlord will have to pay the difference.
“We don’t have that power here,” Schwartz warns.
In addition, the guidelines say that a rental is not a rental if a property is occupied by multiple people and the rent is charged by a single tenant.
Rent is charged at the landlord and the tenant’s respective rates.
“What’s a ‘reasonable rent’ in New England?
You’re going to have to take a look at what the law is on that.
There are lots of different ways to go about that,” Schwartz points out.
“But there are a few basic things you need: What’s the type of tenant?”
Schwartz also says that if a tenant rents a rental unit, the property should be clearly marked as a rent controlled unit.
“Tenants are not going to be allowed to do things like have two separate bathrooms, and they’re not going have to use a bathroom with an old-style toilet, and there are all these things you can do with a lot of buildings,” Schwartz said.
“One of the things I’m particularly interested in is if the unit has a large window.
You don’t want a tenant who has a small window to be able to look out on a street or onto the street and be able see someone else who has that window.”
If you have questions about your rent or