This is ILLEGAL! You cannot create an Airbnb or vrbo. You need to know that New York City has a law that it is illegal to have rooms or apartments for rent for 30 days or less. NYC has employees that check websites for short term rentals and you will get caught.
You can blame the hotel industry. The hotels won a court case that gave them the right to prevent short term rentals in the city for 30 days or less. The hotels said apartment owners were taking money away from the hotels.... more
As a former NYC realtor and life long resident, you need to know that landlords are not flexible with move in dates. Rentals go very quickly and landlords know they can get a tenant the same day they advertise for a rental, so no landlord will hold a rental between now and late summer.
Your best method is to wait until the summer, then look for rentals.... more
Very small. Security deposits are not designed to earn much in interest. It's not like a checking or savings account. For security deposits to see real interest growth, the U.S. interest rate would have to be above 10% which is currently not the case.... more
Queens and Brooklyn are too expensive. You need to look in the Bronx. Rentals are much cheaper. The only place in Brooklyn that's cheap is Bedford Stuyvesant, Flatbush and Bensonhurst. In Queens - Jamaica. Yes I know the neighborhoods are not that safe and it's not great to live there BUT you will never find a cheap rental anywhere else. At least in the Bronx, you have choices - anywhere in the South Bronx (south of Fordham Rd.), Jerome Ave., White Plains Rd., etc.
You need to get your name on the Housing Authority waiting list and get into the projects. The best one is on Waring Ave. & Bronxwood Ave. in the Bronx (across from Christopher Columbus High School).... more
It seems to me I've found something. This site provides long term rental, but without realtors or agents. following the link, you can find property in NYC that is available, also Trulia can help you or Zillow,... more
Maybe this site can help you finding the right variant for a living. Also, as I understood, you can make bids here (like on ebay) in order to motivate landlord to choose you. Sounds interesting.... more
Your best bet is looking in the nearby suburbs - Westchester and Nassau Counties. Housing is cheaper than New York City and there is easy transportation via the commuter railroads. For Nassau County - it's the Long Island Railroad (LIRR). For Westchester County - it's MetroNorth. You should be able to find a studio for $1,000. and with electric and internet services = $1500./month. Water is included in your rent - no extra charge.
A 1 bedroom in the suburbs is about $1700./month. You may get lucky and find one for $1400 - 1500./month. Beware that internet providers charge $$$ for service.... more
Landlords will not rent anything for less than 1 year. Your best bet is either a cheap hotel or if you have any friends in the city that you can spend 3 weeks in their apartment. You can try airbnb or vrbo.com but beware, New York City has a law that prohibits owners renting out their homes for short term rentals. The hotel industry fought this and declared it takes away their business, so New York City enacted a law.
If you want to save money, search the nearby suburbs for cheap hotels. Make sure they are located near the railroad stations or if the hotel will drive you to the train station and pick you up. Make sure it's free. Hotels in Nassau County - you will use the Long Island Railroad and end at Penn Station. Then take the subway to Mount Sinai Hospital. The railroad takes about 20 - 30 minutes & the subway about 15 minutes or so.
Westchester County - you will use MetroNorth (about 30 min.) and end at Grand Central Station. Then take the subway to Mount Sinai.
Warning: You cannot drive. To rent a car is extremely expensive and parking is extremely expensive especially around hospitals. Then you have to deal with traffic which is extremely slow. A 15 minute car ride = about 20 blocks. You can walk faster than driving in Manhattan.... more