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What does it mean when an apartment listing says “net effective rent”?

What does it mean when an apartment listing says “net effective rent”?

Apr 18, 2023 ,,,,,,,,

You might find a listing that says “net effective rent” when searching for that perfect Brooklyn apartment. What does this mean? Is the price listed the price I pay? How is it calculated? We have all your answers below.  What is net effective rent? Before we explain the definition, let’s understand two other real estate […]

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What Tax Documents Do I Need To File My Taxes as a Landlord?

Apr 18, 2023 ,,,,,,,,,,

When becoming a landlord or property manager, you are responsible for reporting your rental income each tax season. You can be subject to costly fees, fines, or penalties if you don’t report the proper landlord taxes. This is especially true with the current 1099 requirement from the IRS.  1099 requires landlords to report rental income […]

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How to Read and Understand a Real Estate Deal Sheet

Mar 22, 2023 ,,,,,,,,,

Finding the right apartment or home, especially in Brooklyn, a top location in the NYC real estate market, is an exciting next step in your real estate journey. Once you have made an offer, the seller’s attorney or listing agent will give you a deal sheet or transaction sheet.  A deal sheet is a document […]

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Women-Owned Business Series: Rebecca & Marrina from makeSHIFT

Mar 22, 2023 ,,,,,,,,,,,,,

Welcome back to our Women-Owned Business Series! We are happy to feature makeSHIFT, founded by Rebecca & Marrina! Their practice focuses on making design accessible on a broader scale versus traditional design and architecture. Born out of their pro-bono work, their clients benefit from a conscious transformation of space. Read more about their organization below! […]

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Women-Owned Business Series: Ash from Ash Fox Proposals

Mar 22, 2023 ,,,,,,,,,,,,

Welcome back to our Women-Owned Business Series! We are so happy to feature Ash Fox from Ash Fox Proposals! Ash works to help deliver a pristine, heartwarming, and beautiful engagement for people in love in NYC. With that extra touch of romance, she ends up a crucial part of couples’ lives. Read about her story […]

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8 Great Women-Owned Businesses In Red Hook Brooklyn

Mar 21, 2023 ,,,,,,,

If you are visiting the big apple anytime soon or an NYC resident looking to discover new places, your first stop should be Red Hook in Brooklyn, New York. The Red Hook neighborhood is home to some of the top women owned businesses. From fashion to food, you can find and support female owned small […]

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There are More Single Women Homeowners Than Single Men

Mar 21, 2023 ,,,,,,,,

Happy Women’s History Month! At Realty Collective we find it important to highlight local women owned businesses in Brooklyn. We have a whole blog category dedicated to it. Female owned businesses are an important part of our community and without them we wouldn’t be here, literally, Realty Collective is co-owned by Victoria Alexander, a real […]

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How will the Recent Bank Collapses Affect Your Mortgage Interest Rate?

Mar 21, 2023 ,,,,,,,,

Silicon Valley Bank made national news last week with its collapse, prompting the Federal Reserve, Federal Deposit Insurance Corp. and Treasury Department to create an emergency program to backstop all deposits using the Fed’s emergency lending authority. Silicon Valley Bank became the second largest bank failure in U.S. history, and the largest since the 2008 […]

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To Ban or Not To Ban E-Bike Battery Storage

Mar 21, 2023 ,,,,,,,,,

This year alone, there have been more than 30 fires all around New York City due to faulty e-bike batteries, leaving landlords & management companies unsure on how to mitigate the potential risk. NYC lawmakers, too, are concerned about the safety of tenants across the five boroughs, banning the sale of non-certified batteries to reduce […]

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Compére Collective Presents: Catalyst by Why Not Art x Beam Center

Feb 22, 2023 ,,,,,,,,

Starting Thursday, March 9 we are happy to host Why Not Art x Beam Center in their exhibition titled, “Catalyst.” “Catalyst” explores the ways in which artists act as catalysts for change and collaboration. Drawing artists from more than a decade of Beam Center’s history, the show highlights the relationships between Beam, artists, and the […]

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