Submitted by WarrenBuffetsDriver t3_10xv3er in nyc
TrekkerMcTrekkerface t1_j7wibjl wrote
Reply to comment by Sea_Consequence_7699 in Manhattan rents hit an all-time high in January by WarrenBuffetsDriver
>$4k a month, you can just buy a home for less of a monthly debt than that
Haven't looked at houses lately have you? Post up some links to homes, without rats, within 1 hour of the city.
[deleted] t1_j7wrfq3 wrote
Here’s a whole 2 family house in Woodhaven for sale for $4k a month mortgage which you could offset in the second unit by half. You do not need to own in Manhattan . Period.
8663 91st St, Jamaica, NY 11421
30 minutes to lower Manhattan by the J Z train. NYC is only super duper expensive in Manhattan . It’s quite doable to afford to buy in the outer boroughs.
TrekkerMcTrekkerface t1_j7xfta3 wrote
Broken windows on front door. Ceiling collapsing in two spots in living room. Dry rotted structure beams. Water stains all over basement ceiling. The challenge was 4k and no rats. What you linked to needs 200k in reno to be no rats.
[deleted] t1_j7xgc3t wrote
Fine here you go . Obviously a 2 family at that price isn’t perfect. But here’s a 1 family house for even less that isn’t in disrepair. I can easily fulfill your challenge by any 300k or below coop in queens or Brooklyn by the way.
89-34 91st Street, Woodhaven, NY 11421
Most New Yorkers live in the outer boroughs - Manhattan has 1/5 the population of the whole city . Yes the Manhattan population is over represented in this sub Reddit but that’s to be expected.
TrekkerMcTrekkerface t1_j7xfxll wrote
And per zillow this isn't under 4k, its 4,067.
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