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Rental value below monthly maintenance

Started by JohnDoe
almost 16 years ago
Posts: 449
Member since: Apr 2007
Discussion about 301 East 63rd Street #17F
Listing puts this maintenance at $3600 and offers to rent for $3400. Any thoughts on how to value something like this?
Response by poorishlady
almost 16 years ago
Posts: 417
Member since: Nov 2007

Par for the course at this grisly moment in time .....

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Response by somewhereelse
almost 16 years ago
Posts: 7435
Member since: Oct 2009

How much is the right to overpay worth?

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Response by marco_m
almost 16 years ago
Posts: 2481
Member since: Dec 2008

dont think about stuff like this. owning is always better

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Response by somewhereelse
almost 16 years ago
Posts: 7435
Member since: Oct 2009

pay no attention to the broker behind the curtain.... buy now or be priced out forever.

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Response by stevejhx
almost 16 years ago
Posts: 12656
Member since: Feb 2008

Maintenance more than rent is becoming the norm. But let us not forget THE TAX BENEFIT!

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Response by somewhereelse
almost 16 years ago
Posts: 7435
Member since: Oct 2009

I called up my boss and asked him to lower my salary.

For the tax benefit, you know...

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Response by bjw2103
almost 16 years ago
Posts: 6236
Member since: Jul 2007

"Maintenance more than rent is becoming the norm"

Really? I've not seen this as the "norm" at all - a few examples, sure, but not the standard.

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