Friday, April 13, 2012

Live Rent Free In New York City

New York City has some of the highest rents in the world. But it is possible to live there -- without paying any rent. It will require research and effort, but it can be done.


Instructions


Rent-Free Options


1. Housesitting is a great way to live rent-free. You can find people to house-sit for through university newspapers, Craigslist, friends and acquaintances or through the Web resources listed below. Boat-sitting is another option, but there's no central clearinghouse for people looking for boat-sitters. You'll have find boat owners who want someone to live on their boat on your own.


2. Bartering is another option. You can offer to be a live-in housekeeper or nanny in exchange for a free room in someone's apartment. Make sure to do background checks and draw up a contract to protect yourself.


3. Apartment managing is yet another way to live rent-free. In exchange for your free apartment, you are expected to do routine maintenance and cleaning. It can be a lot of work, so be prepared for this one.


4. Find an "illegal" apartment building. Landlords of these places rent them out even though they are not up to residential codes. Not an option I would recommend, but it does happen.








5. Rent your own place and take in enough people to pay the rent. A good option if you don't have the time to work for your free rent.


Reduced Rent Options


6. House-sharing is a way to live at an extremely reduced rent. This is especially good if you don't have the time to devote to apartment managing or bartering. You live with an elderly person and pay reduced rent while helping around the house.








7. Attend a college in New York City and get grants and/or loans to cover room and board. You can also look into being a residential adviser at one of the colleges.


8. Find a rent-controlled apartment or sublet. Check Craigslist for the best options.

Tags: York City, another option, have time, live rent-free, reduced rent, your free