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Updated over 4 years ago on . Most recent reply

Justin Brown's profile image
Justin Brown's profile image
Justin Brown
  • from The Bronx, NY
  • Member since Nov 4, 2020
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Justin Brown's profile image
Justin Brown's profile image
Justin Brown
  • from The Bronx, NY
  • Member since Nov 4, 2020
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Justin Brown
  • The Bronx, NY
4
Votes |
13
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Local Real Estate Networking

NYC Property expenses

Justin Brown
  • The Bronx, NY
Posted

What's going on BP, I have a question for real estate investors who invest in single family properties in NYC, I currently live in the bronx, I'm curious as to what are the property expenses like in NYC like what do you pay for besides the mandatory property tax,water,gas,etc.

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Simon W.'s profile image
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Simon W.
  • Real Estate Consultant
  • from Lehigh Valley PA & New York City
  • Member since Jan 14, 2013
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Simon W.'s profile image
Simon W.'s profile image
Simon W.
  • Real Estate Consultant
  • from Lehigh Valley PA & New York City
  • Member since Jan 14, 2013
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Simon W.
  • Real Estate Consultant
  • Lehigh Valley PA & New York City
636
Votes |
1,311
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Simon W.
  • Real Estate Consultant
  • Lehigh Valley PA & New York City
Replied

Hey @Justin Brown I used to work for a company that had a lot of Bronx properties. One recurring expense was trash violations, it is practically unavoidable. This is how the City gets their tax money.

  • Simon W.
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Accounting Properties LLC

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CFO LLC

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