Updated almost 2 years ago on . Most recent reply
Buying in Bronx
I am planning to buy a house in Bronx, close to the city, I found a single family house 1 and 1/2 bathroom, 3 bedroom, finished basement, garage, and yard,
The house looks in really good condition, I already made an offer for 570.000, in melrose Bronx, I know this is not a safe neighborhood, but I do believe the house will appreciate and also I think I could easily rent it since it’s close to the subway,
What do you guys think, will a house in melrose Bronx will appreciate it, taking into account it is close to projects and it’s in melrose?
i am also a little bit concerned about renting, cause I heard a lot of cases where tenants didn’t pay the rent
How do I protect myself from this?
Thank you