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I don't know why this is...but I never really felt "at home" at either of the apartments I rented. I always feel like I'm just living on someone else's property (which I am) and not like I can be totally comfortable there. I know people who rent apartments and spend thousands to renovate them, improve them and it's not even their property. I could never see myself doing that only to increase the landlord's property value.
I am going through an incident now with my landlord giving me 30 days notice to vacate so her soon to be divorced husband can take my apartment. I have lived here since 2005 and am scared ****less. She hasn't officially served me yet (just verbal) but I know it's coming.
The last time I remember really feeling comfortable and at home was when I lived at home with my parents.
I am not in a financial position (yet) to be an owner but I can't wait to be. Renting stinks.
Yes I can understand this sentiment..and it's particularly difficult for those who were raised in owned homes, and then went on to being renters. It is probably less the case though for those who have always been renters.
I can't say renting stinks necessarily, because there are some very significant advantages to renting in NYC.
Yes I can understand this sentiment..and it's particularly difficult for those who were raised in owned homes, and then went on to being renters. It is probably less the case though for those who have always been renters.
I can't say renting stinks necessarily, because there are some very significant advantages to renting in NYC.
You are right, maybe that is what it is, I grew up in a house that was so comfortable and inviting. AND fully paid for, which is unheard of here in the city. My grandparents purchased it in the 40s for about $5,000.00. Now it is appraised in the mid-$300s. But sadly, it is falling apart and my grandmother still lives in it and it needs to be sold. Working on that.
My grandparents paid $19K in the early 50s for our 3 family brownstone. It was paid for, and then sold to my mother in the early 80s, and that too was paid for. It was then sold to me and I took a mammoth mortgage to bring the building back to life. I am paying it off in 12 years however.
Owning in NYC is not for everyone, and had I not been raised in the neighborhood, and understand how to run a building, I would have made some very bad mistakes and probably given up on owning in NYC (at least being a LL that is). In general I try to steer people away from being a LL in NYC..if you have never owned in NYC, or never been a LL, NYC is not the place to learn!!!! You will get burned, badly.
My grandparents paid $19K in the early 50s for our 3 family brownstone. It was paid for, and then sold to my mother in the early 80s, and that too was paid for. It was then sold to me and I took a mammoth mortgage to bring the building back to life. I am paying it off in 12 years however.
Owning in NYC is not for everyone, and had I not been raised in the neighborhood, and understand how to run a building, I would have made some very bad mistakes and probably given up on owning in NYC (at least being a LL that is). In general I try to steer people away from being a LL in NYC..if you have never owned in NYC, or never been a LL, NYC is not the place to learn!!!! You will get burned, badly.
I am a LL, and likely will always will be. I do not have any rentals currently but will have one probably in Jan or Feb. A 2 bed + yard for $1,400 in a 2 family rowhouse.
I am a LL, and likely will always will be. I do not have any rentals currently but will have one probably in Jan or Feb. A 2 bed + yard for $1,400 in a 2 family rowhouse.
What borough?
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