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Updated almost 8 years ago,

User Stats

21
Posts
1
Votes
Yeshudas Nair
  • New Mumbai, Maharashtra
1
Votes |
21
Posts

Investment in Bronx, New York

Yeshudas Nair
  • New Mumbai, Maharashtra
Posted

Hello guys,
I am a complete newbie in Real Estate's. 


From last few months, i have been looking on for rental properties in Bronx and Brooklyn. Well right now, i am not willing to invest in real estate's. Just studying.
Somewhere i read on a blog, Bronx and Brooklyn are good for investment purpose and rentals.
Just recently i found a condo on Zillow, the listed price is $118k and the expected rent is $1750. The maintenance cost for the condo is mentioned as $592/month.

  • Is it a good deal to go for as rental purpose? 
  • Is it easy to get a tenant if i get that condo.? 
  • If not a good investment, can you share some tips and advises how to invest better? 
  • What are the key things to be noticed before an investment? 
  • Are there better places to invest in New York rather then Bronx & Brooklyn? 

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