Property Q&A in Buffalo>Question Details

Gus Aherne, Home Buyer in Outside U.S.

Hi I live in Ireland and could you tell me please? Current rental income per unit. Total Annual taxes on prop.

Asked by Gus Aherne, Outside U.S. Fri Mar 6, 2009

What are the average Management costs as a %
Total purchase Costs including Estate agents Stamp Duty etc based on a Cash purchase.
Many Thanks
Gus

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This question is about this property: http://www.trulia.com/property/1065893778-90-Royal-Ave-Buffa…

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Answers

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Hi Gus,
The property on 90 Royal ave. in Buffalo has 3 units.(3Br,3BR and 1Br units) The current rents are $ 400,$400 and $250. The Taxes for the property is $ 1195/year. As a buyer you do not have to pay for the real estate agents.You have to have a lawyer to close the deal. (the fee would be somewhere around $450.00). The property managers normally charge 10% of rent.. I am a real estate broker in Buffalo area and I have several happy client friends from UK and some other countries are working with me. If you contact me directly at 716-907-3046 or if you e-mail me at pushpa@pioneerstarre.com,I will be able to give you a clear picture about the process. I will very happy to help you for your real estate need and I do my best to get you a good deal.
Hope to talk to you soon....
Thanks
Pushpa
0 votes Thank Flag Link Fri Mar 6, 2009
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