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When you buy a cooperative apartment (commonly shortened as "co-op"), you buy one or more shares in the stock of a closed corporation that owns the building. You may not buy shares without the approval of the other shareholders. In some instances, this turns out to represent a considerable obstacle. Some New York cooperatives will not consider anyone who works in certain industries (often entertainment). Many will not consider anyone who cannot pay cash. Others go further and require liquid assets far in excess of the amount needed to buy the required shares. Anyone considering a co-op purchase needs to…
Everyone works somewhere, and if you own commercial space people might as well work in your building and pay you for the privilege. If you have a vacancy, you may be tempted to dwell on the abundance of commercial space available, but that mentality won't help you rent out your space. Instead, focus on what you can do to make your rental attractive and how you can draw attention to it.
Finding tenants for rental property requires getting the tenants to find you. Learn how to find tenants for your rental property using the real estate tips in this free video.
If you have a rental property that you manage yourself you already know screening tenants can be difficult. Doing credit checks also require time, money and desecration. But does your perfect tenant have to have perfect credit? I don't think so.
If you have property and want to rent it to a dependable tenant without hiring a real estate agent, here is a safe way to get one.
With a little effort, you can find the perfect tenants for your rental property.
