3. Your guarantor MUST. BE. LOADED.
Should you not make 40x your rent, no worries! Your landlord is TOTALLY WILLING to accept a guarantor... assuming he/she lives in the tri-state area and makes a cool 80x your rent. Easy.
4. Credit score means EVERYTHING
“Credit holds a lot of weight in this city, no matter the blemish,” says Rory Bolger, a broker with Town Real Estate in Manhattan. “Let’s say your income is 10-15k under 40 times your rent, but your credit is stellar -- they will add that weight in. But if your credit has some dings, even if they aren’t so bad, that’s a different story.”
5. You will never have enough closets
Even as you make more money and move into a bigger apartment, you will inevitably accumulate more stuff. Closets, much like central air and new appliances, are a luxury.