Should I move into a studio or one bedroom apt?
111824
A one bedroom appartment at least you can shut your bed away if anyone calls
1035725
move to brooklyn then. Anything in the city will be a fortune and very small. Apartments are very hard to find in the city. it's not like on TV. Lear the train systems cause owning a car in the city is extremely expensive car port rents are almost as much as an apartment. Good luck.
708117
Great that you are planning such a wise investment path. I started exactly the same way many years ago. And I'm doing quite well now. My advise to you is go ahead and buy that duplex building. But rent both sides out instead of living in one side. Find urself a cheaper bachelor's apartment to live in. Likely you can get more rent from one of ur duplex than it cost you to rent a bachelor's. You will make more money each month because of the difference. \nYou may say that you only make $30,000 a yr.. but don't forget that when you go to the bank with a proposition to buy and rent the entire building out.. ur yearly income as viewed by the bank is now much more coz they will factor in ur potential income from the duplexes. This allows u a greater debt/expense ratio. and allows you to buy more. \nThere are other good reasons too for not being too quick to move into one side..  income tax for example, because u are not living in the building.. the entire interest on the mortgage becomes an investment expense. Also, it's likely that where you live.. there are better tax advantages to showing u are also a renter. \nIn time, as you buy more and more buildings.. you will be able to choose a house of ur own. But for now, make the most of "all" ur money, live below ur means.. and invest invest invest. \nImportant concepts to understand, balance and use to their most potential are; Ur networth, total assets, debt service ratio and income (both present and potential) debt service ratio is usually the most common limiting factor. ( and keep a watchful eye on interest rates) and know ur local realestate trends and be ur own best forcaster of future trends. As they say, "buy low, sell high"\nCoz in the end, most of ur money will be made on capital gain rather than rental income. ( rental income simlpy facilitates debt expense requirements from lenders )\nChoose a good banking agent.\nAs a realestate investor, ur bank becomes ur greatest partner. Choose an agent that has confidence in you, is knoledgable about realestate and is not afraid to stick his/ her neck out for you.\nBest of luck to you.
23438
Buy.  Some people will say it's better to rent if you are staying only for a short time.  Well, let me tell you, you will fall in love with the city and will never want to leave, so you might as well buy now.
536353
Over the long haul, you'll make more money renting if the property values are increasing in that area.  HOWEVER, there are risks in renting like shady tenants who don't pay or trash the place, and there is a lot of upkeep in between the tenants that will cost you.  So it's really up to how much work you want to put in.  Also, if you can't find a tenant then you're paying your current rent plus the cost of the flat, so that should be considered.
1087559
It depends: Let me give you a rundown since that's where I live-\nStudio- $1200-$2200\nOne Bedroom- $2600-$2800\nTwo bedroom- $3000-$4000\n\nThese are just rental costs\n\nActually purchasing property: Lets just say that the smallest space will cost you around $900,000 to 1 million.\n\nAny place that has a total of 5 rooms or more starts from the 1.5 million dollar mark. Good luck on your search. Try rentdirect.com/ halstead.com
367686
The most expensive piece of paper I own is the contract for my studio apartment, $268K for 450 square feet in NYC.  That is a lot more than my college education cost me.  And, yes, in the long run, it is worth it.  Even though you may have far more skills and be much more intelligent than someone else applying for the same job, a person with a college degree will have a huge edge on being selected.  And this will follow you throughout your career for promotions and getting better jobs with other companies.
971913
Do you know what kind of work you would like to do? Having narrowed that down it may help you decide where to live. Look for any local business papers for a feel of the market in the area for that type of work.\n\nGiven that you now know where you want to live, check out any local real estate offices/web sites to help you decide where to live and the approximate costs. You might even be able to view/visit apartment complexes online.\n\nAnd what about furnishings? A bed and a room may be all you think you need, but a few amenities like a toaster and a place to sit make all the difference in the world.\n\nA local Chamber of Commerce might also be a really big help in learning the area and what it has to offer.\n\nConsider also the adjustments that may have to be made for travel and weather. For instance, are you going to need a car to get about? What expenses will be involved with that?\n\nNot knowing where you live, are you moving to a place that will require you to buy winter gear/jackets/boots?\n\nGood luck with your new life and lifestyle!
377639
I don't know about in the city of L.A. but if you could commute @ 50miles every day the Apts that i work @ rent 1+1 for $805.  You would still be in L.A. County. Good luck to you.
1090809
Well that really depends - live where, CA or AL?  apartment or house, kids or no kids? \n\nWhen I moved out and got my first one room studio apt in St Louis, I was making $8.00 - but that was 18 years ago. \n\nToday, I would guess a minimum of $15 if you like bologna and mac & Cheese.   But I am sure there are people who survive on less.
1072839
For sure.  Financially it would be your best move.  You can save money and have a nice bank account when you do move out on your own.
570183
I would be in Brooklyn in a one bedroom apartment right off Flatbush Avenue.  I am once again with my darling departed husband and it is the first year of our marriage.  I would then have my life to live over and be with that darling man once more.
453427
as early as you want, if you move in with a foster family.\nIf you want to live all by yourself, you should be of age.
480075
I'm an apartment locator and here's what I've come across in my many years in the business.   \n\n2nd floor is best for cheaper utilities b/c your sandwiched b/w the other two apartments, remember heat rises.   \n\nA third floor is more beneficial when it comes to noise, safety and of course bugs as you mention.   But third floors are more expensive in utilites especially if they have vaulted ceilings.  \n\nhope this helps.
1034456
Depends on what metrics are important to you. Are you considering buying a residence? Are you looking to rent? \nDo you have a family? Are you going to school? Are you looking for a law office?\n\nE. walnut St is part of a commerical area near the university
1187088
It being a large area with a wide variety of income ranges, there are many kinds of housing offerings and prices here.   How many bedrooms do you need?  Do you need to be within 2 blocks of public transportation?  Does it  have to be near base?  Which level of security do you require for your apartment?  Are you renting a small studio condo, an apartment, a room in a house, a duplex, or a whole house?  All these factors weigh in greatly on affecting what the rent is.
112102
Depends on your situation and the available of housing.  Sometimes going back home is the best choice since you can save money and be able to afford to live in a "nicer" place.