Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Upstate New York Real Estate Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 8 years ago on . Most recent reply

User Stats

46
Posts
2
Votes
Camronn W.
  • Investor
  • Naples, FL
2
Votes |
46
Posts

Rental properties in Upstate

Camronn W.
  • Investor
  • Naples, FL
Posted

Hello I am looking at purchasing a couple rental properties in upstate  NY. I would like to hear some opinions from others who own rental properties or who have experience dealing with real estate in NY, as I am not the most familiar in this area. Anything to look out for? Any exuberant expenses that need to be taken into consideration? Thank you for any responses! 

Most Popular Reply

User Stats

21
Posts
17
Votes
Eric Brundige
  • Rental Property Investor
  • Troy, NY
17
Votes |
21
Posts
Eric Brundige
  • Rental Property Investor
  • Troy, NY
Replied

Taxes are high here that's your biggest expense it's not rare to spend 8K or better. We have property and a school tax that is usually 150% more than property. We also have expenses that involve snow removal (depending on the year and property). Also closing cost are some of the highest in the country around 10K. 

Loading replies...