What's going on at Bedly co-living, how to buy a NYC apartment as an investment, & more
This week, readers were interested in learning about buying an apartment as investment opportunity. Recent reforms in New York’s rent laws mean that you’ll need to weigh the cost of property ownership with more caution.
The new rent laws also have consequences for foreign students looking for an apartment in NYC who typically lack U.S. credit and a steady income. In the past, they could give landlords more money upfront, but that’s no longer allowed.
Here, in full, are the week’s top stories.
1) What went wrong at Bedly and what co-living renters there can do now
2) Want to buy an investment apartment to rent out? Here's what you need to know
3) Here are the NYC apartments for sale with the deepest price chops in July
4) From abroad and studying in NYC? How to land a rental
5) Renovating a fixer-upper in NYC? Here’s what you need to know [sponsored]