MIDDLE VILLAGE AREA-Looking for an Apartment today? Read this......
by godfather
 Looking for an Apartment today?
Feb 17, 2020 | 1711 views | 0 0 comments | 83 83 recommendations | email to a friend | print | permalink
Interview with top three Real Estate Brokers in Middle Village, NY

 

A dose of Reality when looking for an apartment today in 2020

THREE ACTUAL WAYS LANDLORDS NOW LOOK AT NEW TENANTS

 

!)Landlords use the rule of thumb monthly income vs the rent

A general rule of thumb is that you should spend no more than 30 percent of your total gross income on rent. If you make $3,000 per month before taxes, your rent should be no higher than $900 And if you make $4,000 monthly then rent should be no higher than $1,200 dollars.

2) Credit scores

3) Total tenants to occupy apartment including any dogs or cats

 

February 17, 2020-The average apartment in Middle Village that has two bedrooms averages a $1,800 rent to $2,400 dollar rent. If a Landlord has a choice of five applicants who want the apartment, normally they take the least amount of tenants, not accept a dog or a cat as well.

The chances for a husband and wife with 2 or 3 small children, a dog and or a cat or both have less than 1% chance of ever finding an apartment. And if both adults are not working, the chances drop to less than a half percent of finding anything.

 

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