Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.
In real estate, a lease termination letter, also called a notice to vacate, is an important document. It tells your landlord you plan to end the lease and leave the property. This is usually necessary for rentals without a fixed… Read More
You don’t have to put a sofa or hammock on every balcony. In innumerable apartments, these spaces languish empty and useless, wasted square footage. Balcony Conversion to a Usable Space Could Save You Time, Money, and Frustration. You can even transform it into a… Read More
A room above a garage, commonly called a “bonus room” or “finished room over garage (FROG), can greatly enhance a home’s value and utility. Such spaces are flexible and suitable for a range of uses, including an additional bedroom, office,… Read More
Bahia grass is a widely used warm-season grass known for its toughness, low maintenance, and heat- and drought-tolerance. It is frequently planted in lawns, pastures, and sports fields throughout the southern U.S. If you’re considering using Bahia grass for your… Read More
All New York real estate licensees must complete 22.5 hours of continuing education (CE) before renewing their license. These requirements of NY Continuing Education apply to salespersons, associate brokers, and brokers. The 22.5 hours include 11 elective hours and 11.5… Read More
The Long Island Mansion Tax is 1% of the purchase price for residential properties costing $1 million or more. Buyers typically pay this tax. For instance, if you buy a home for $999,999, no Mansion Tax applies since the price… Read More
Generators are increasingly popular among homeowners for maintaining safety and comfort during power outages. A home generator activates when the electrical grid fails, supplying essential energy to your house. Before purchasing a whole-home generator, it’s important to understand the costs… Read More
St. Augustine grass is a widely used variety, especially in the Southern United States, such as Florida. It is recognized for its excellent heat tolerance and dense growth, thriving in warm environments. It establishes itself quickly and grows rapidly, making… Read More
Congrats! You’ve found a buyer, signed a binding sale agreement, and are just days from closing. But when does the seller actually receive the funds? The timing varies. It depends on whether the buyer pays all cash (which typically happens… Read More
While paying rent by credit card to earn points may seem advantageous, most landlords do not accept this method because of the roughly 3% (or more) processing fee. Additionally, accepting credit card payments exposes landlords to chargebacks or disputes. Why… Read More
Homeownership has always involved ongoing maintenance, but in today’s inflationary economy, repair costs are rising faster than many homeowners expect. A broken appliance or failing system is no longer a minor inconvenience. It can quickly become a significant and unplanned… Read More
Imagine you’re living in an apartment building. A neighbor reports a leaky faucet around 10 p.m., and by morning, the maintenance team is already prepared. In cities like New York, where people expect fast service and high standards, property management… Read More
If you’re purchasing an apartment in New York City, you’ll probably need to include an Assumption of Alteration Agreement in your co-op board application. What is this document, and why is it required? An Assumption of Alteration Agreement means the… Read More
Whether you are purchasing or selling a cooperative apartment in New York City, it is evident that no party benefits when a board rejects a proposal. The reality of cooperative housing in NYC is that securing board approval is predominantly… Read More
Whether you’re buying or selling a co-op apartment in NYC, a board rejection is never a win for anyone. The reality about co-ops in NYC is that securing board approval is largely beyond your control. Boards can reject an applicant… Read More