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Bronx : Real Estate Advice

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  • Local Info127
  • Home Buying402
  • Home Selling41
  • Market Conditions10

Activity 2,111
Tue Apr 25, 2017
Irvingmitchell1126 answered:
I'm getting disability and I am looking for a one bedroom apartment with a one shot deal Brooklyn, Bronx ,far Rockaway.
0 votes 5 answers Share Flag
Sat Apr 22, 2017
Kathy Burgreen answered:
Realtors and lenders cannot answer your question because it violates Fair Housing laws. You need to do the research on your own. I use the Census Bureau to start my research, then a phone call to the local police department. ... more
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Fri Apr 21, 2017
Kathy Burgreen answered:
Sorry to give you the bad news but the Bronx is not for investment properties. You will lose money. Before investing anything, you need to study the neighborhood, whether prices increase / decrease and by how much. You also need to learn how long a property stays on the market and whether there are price reductions, etc.

The fact is most of the Bronx is low income and welfare residents. Properties do not increase in value much because buyers who purchase homes here cannot afford a lot of money. In addition, many homes need major renovations and you will need cash to pay for it. There are thousands of rental buildings in the area which lowers the value of neighboring properties.

In the Bronx, the only area worth investing is Riverdale, along Pelham Parkway from Williamsbridge Rd. north to Stillwell Ave., Bedford Park and Throgs Neck. Everywhere else is a dump.
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Fri Apr 21, 2017
Kathy Burgreen answered:
No. I'm a former realtor and Trulia is for residential listings only. There is a website - www.loopnet.com which is for commercial properties including rentals.
0 votes 1 answer Share Flag
Tue Apr 18, 2017
Esscorpio85 answered:
Single parent with 1 child and linc 3 voucher looking for 1 bdrm apt. Need to move ASAP. PLEASE EMAIL ESSCORPIO85@GMAIL.COM
0 votes 39 answers Share Flag
Fri Apr 7, 2017
Kathy Burgreen answered:
As a former realtor and New York City area resident, all of you who have vouchers (SEPS, LINC, Section 8, etc.):

1.Realtors will lie to you and claim they can help you when they won't. Realtors work on commission and are more interested in buying and selling real estate for people that have lots of money OR finding a rental for tenants without vouchers because they can pay a lot more. Realtors need a good commission to earn some money and vouchers don't pay enough.

2. Landlords can legally discriminate against people with vouchers. You need to learn that yes, vouchers is a form of income and must be accepted to pay rent. BUT...the dollar amount for vouchers is much less than what landlords charge for rent - so...landlords want tenants who can pay the full rent. Therefore, since your voucher amount is not enough for the full rent, landlords use this to discriminate against people with vouchers.

If any of you have enough cash every month to pay the difference between the voucher and the regular rent that the landlord wants, you're in business. Any landlord will be happy to accept you. However, if you don't have the extra cash to pay the difference, sorry but you need to live in the New York City projects. Get your name on the waiting list and get an apartment in the housing projects.
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1 vote 7 answers Share Flag
Wed Apr 5, 2017
Npetronio answered:
Scam artists all the way. DOV sales group is unethical and unprofessional. We almost bought a home through them and once we brought in our own attorney and had more questions, the my started acting very disrespectful and tried to bully us into using all their own guys. Needless to say, our lawyer advised us to end the deal right before signing and said the contract had some SERIOUS problems. FORGET DOV SALES GROUP. ... more
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Wed Apr 5, 2017
Mary answered:
Hi,

I have emailed you regarding this concern.

Thank you for using Trulia!

Mary
Consumer Care Advocate
0 votes 1 answer Share Flag
Mon Apr 3, 2017
Yesenia Santiago asked:
Hello, my name NoryYesenia Santiago, I'm a single mother of two teenage boys: my youngest is sick (IBS). I currently work at Broome Street Academy Charter High School and enjoy my job.…
0 votes 0 Answers Share Flag
Sat Apr 1, 2017
Mrsqueenb237 answered:
I hve a city feps voucher im tryn to move asap i hve a 12 month old son and we been in the shelter for 2 yrs plz help me my voucher is 4 1268
0 votes 10 answers Share Flag
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