Re: Anybody know the GRM (price/yearly rent) of typical Downtown condos?
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Newbie
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most inventory is actually rental it looks like. that being said, I wouldn't say dtjc is a market that will be strongly FCF positive but it will be lower risk (higher quality tenants, more limited "downside", etc). That being said, you can make something work at todays rates but doubt returns will be anything earth shattering.
Posted on: 2015/2/17 22:06
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Re: Adopt Love!
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Newbie
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Do we have to go through an approval process to adopt a dog? How long does it take?
Posted on: 2015/2/13 19:18
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Re: Need opinions on condos that I am looking at
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Newbie
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I though the brownstones (264 9th complex) was protected from big increases due to being a historical area? SF is pretty much the same.
Posted on: 2014/2/26 13:57
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Re: Need opinions on condos that I am looking at
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Newbie
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Thanks - just to give more color. One unit is in Gulls cove for 450k, 350 mtce, 7k taxes (no parking). Hamilton park is 385k, 3k taxes, 275 maint (with parking)
Posted on: 2014/2/26 13:45
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Need opinions on condos that I am looking at
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Newbie
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I am debating between two choices and wanted to see if anyone had good insight. I am looking at buying not renting and plan on being in JC for about 5 years until I need more space. Both units are about 750 sf, 1bed/1ba.
One unit I am looking at is on 9th at the north end of hamilton park. The unit is good shape except the kitchen which has granite and updated cabinets but still has white appliances (electric stove) and would be nicer if opened up so its not enclosed. The rest has some exposed brick accents, completely renovated bathroom with nice finishes. No washer dryer in unit (there are some in the building) or real amenities. Right near the park but not directly over it. Parking is uncovered. It would probably run me around $2110/mo including mortgage, hoas, taxes, etc. The other unit that I was debating is in a more modern building in Paulus Hook (doorman, nice lobby and a common courtyard). 7 minute walk to the path. Open kitchen and nice finishes/fixtures. 2nd floor so not a ton of light despite being in a midrise building. No parking. I would have to rent for about $200/month in the building, so my total cost is about 3,020/month.
Posted on: 2014/2/26 4:28
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