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Updated almost 8 years ago,
Investment in Bronx, New York
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?