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Rental Basics in Bronx : Real Estate Advice

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  • Local Info128
  • Home Buying406
  • Home Selling42
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Activity 43
Yesterday at 7:18am
Kathy Burgreen answered:
FINALLY a smart person who is willing to stay in the Bronx. Everybody else asking the same question believes they can find an affordable apartment in Manhattan, Brooklyn or Queens. Manhattan, Brooklyn and Queens is too expensive now.

Back to your question - I know about the brokers fee and upfront rent money BUT that is not the issue. Both are useless. The following is an example:

Average 2 bedroom rental in the Bronx - $3 - 4,000. Average 2 bedroom rental in the rest of NYC - $4 - 5,000.+ Your voucher is $1,213. Subtract $3,000. - 1,213. = $1,787./month. If you have $1,787./month + your voucher to pay the landlord, then any landlord will accept you - no problem. If you don't have $1,787. to pay your landlord, you need to learn that NO landlord will take a monthly loss of almost $2,000. just to accept a tenant with a voucher. So the upfront rent payments are only a 1 time thing. You need to pay $3,000. on time every month. You may see it as discrimination but it is legal for landlords to accept tenants who can pay the full market rent of $3,000. and reject you if you don't have the money.

You need to find an apartment where the REGULAR rent is $1,213. In NYC (including 1/2 of the Bronx) that is impossible. Therefore, you are restricted to the housing projects, the South Bronx, Parkchester / Castle Hill or maybe Fordham Rd. I know of 1 housing project - Pelham Parkway Housing by Christopher Columbus High School. The office is on Bronxdale Ave. It's fairly clean, quiet and decent. The streets are Williamsbridge Rd., Astor Ave., Waring Ave. and Bronxdale. Check it out.
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Fri Jun 30, 2017
Kathy Burgreen answered:
Yes you can. Once your lease is near the expiration date (by law, 90 days before it expires), you need to negotiate with your landlord or agree to sign a new lease. New York City Rent Guidelines Board sets the rent cap every year - usually June or July. Keep an eye on the local news. ... more
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Tue May 30, 2017
Arias.constellation asked:
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
Sat Mar 18, 2017
Atsalach asked:
As a self-employed, I received 1099 for $103,000 but after applying deductions (car, gas, tolls etc) the 1040 show my adjusted gross income as $65,000.
What income will be considered when…
0 votes 0 Answers Share Flag
Tue Feb 7, 2017
Jamelmiller11262 answered:
Looking for one bedroom
Steps voucher can you help me
Bronx
Queens
Manhattan
0 votes 5 answers Share Flag
Tue Nov 29, 2016
Susie Kay answered:
Thu Nov 24, 2016
Johannavallejo84 asked:
I'm really trying not to rent a Room and don't have a guarantor. How can I go about looking for an apt or studio that's not a lottery apartment in NYC?
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Sat Apr 30, 2016
Miguel Abreu answered:
Give me a call so that we can further discuss your rental search. You can reach me directly on my cell, (646) 339-4629, or at my office, (718) 239-2676. Thank you!
0 votes 1 answer Share Flag
Sat Oct 3, 2015
grace cuccinello asked:
Mon Jun 8, 2015
LaVarn Hardy answered:
The best bet is to get referrals from friends and family... RE/MAX, Century 21, all have great agents... My advice would be to go with an agent that you feel has the same characteristics as yourself. That agent should be experienced in the area you are seeking to live and has great negotiation abilities... Good Luck with your move and congratulations on your wedding... RE/MAX Executive Group ... more
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Wed Mar 4, 2015
Anna M Brocco answered:
Be aware that scams do exist; be mindful that such web sites are third party sites, so the information is fed by various sources, therefore data is not really verified. If you choose not to work with an agent of your own always verify ownership before exchanging any money/personal information--make certain they are who they claim to be. Never wire any money, if it sounds too good to be true, it is. For scam related information see link.
http://www.consumer.ftc.gov/articles/0079-rental-listing-scams
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Tue Mar 18, 2014
Michael Thomas answered:
Pelham Parkway (North or South of the Parkway)... Parkchester, Morris Park.... even into Pelham Gardens perhaps. Good luck
0 votes 9 answers Share Flag
Tue Mar 18, 2014
Luisa asked:
I am a college student, I graduate in June and I rent a room for $500 a month. The rooms lease is up so i need to move. I have good credit 744 but I dont have a job and no income but I…
0 votes 0 Answers Share Flag
Tue Mar 18, 2014
Miguel A Cabrera answered:
0 votes 3 answers Share Flag
Sat Jan 4, 2014
william garcia answered:
Hello,
Rentals do pick up more in tax season and summer months. But keep in mind people are moving everyday. I'm an rental Director at PantigaGroup we are busy all year round. Feel free to give me a call if you have any more questions about rentals.

William Garcia
646.235.6634
PantigaGroup Inc
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0 votes 1 answer Share Flag
Thu Jan 2, 2014
Elio Acosta answered:
Trulia offers rental listings just make sure to browse for the ones with no broker fee. You can also check other online listing services and local news paper for rental listings by owner.


Elio Acosta
acostaen@reinsol.net
REALTOR, ABR, e-PRO
REiS
718.303.2053.office
718.619.8344.fax
www.reinsol.net

FOLLOW ME ON TWITTER: @reinsol
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0 votes 2 answers Share Flag
Wed Dec 11, 2013
Mildred Valentin answered:
Sandra,

Speak to a program specialist that would be better able to service you.

Please call our office at EXIT REALTY SEARCH 347-202-4965, we are open 7 days a week and we have great flexible hours and night hours too!

Our agents are highly trained and are local experts in many different locations.

Best of Luck!

Millie Valentin
Sales and Marketing Specialist
EXIT REALTY SEARCH
3928 E. Tremont Avenue
Bronx, NY 10465
www.ExitRealtySearch.us
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