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re: Rent advice-NYC posters

Posted on 5/2/12 at 1:25 pm to
Posted by wegotdatwood
Member since Aug 2009
17094 posts
Posted on 5/2/12 at 1:25 pm to
quote:

you understand this is a to each his own thing right?


Absolutely, but that statement was just a complete writing off of NWA like it's Eudora or Dumass, Arkansas.


It's not a wasteland. It's a great area with about 450k people, great lakes and entertainment (not like the big cities of course) but imo it would be absolutely worth it to leave.

Here, you hardly ever pay to park unless you're in Fayetteville, traffic isn't bad, land and homes are extremely cheap.

To me, high traffic big cities are for visiting, not living. But yes, to each his own.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 5/2/12 at 1:37 pm to
Aw brah I was just clowning you with the NWA comment. Home is home.
Posted by trillhog
Elite Membership
Member since Jul 2011
19407 posts
Posted on 5/2/12 at 1:42 pm to
don't count out the Uppereastside along 1st and 2nd ave, that's where i lived and it's chill up there and not as expensive. the subway sucks there in the am though. don't move to brooklyn first though, you'll spend a ton on cabs, do like somebody said and wait till you've settled down a little. also if your frat, rent in murry hill. fratcentral.
This post was edited on 5/2/12 at 1:43 pm
Posted by wegotdatwood
Member since Aug 2009
17094 posts
Posted on 5/2/12 at 2:15 pm to
I completely understand if the jobs people do is only available in NYC area then stay there for sure.

There are really good jobs here from EVERY major company.

Of course Wal-Mart, Tyson, JB Hunt.

The effect/power of walmart is pretty crazy. Every huge company has offices here because Wal Mart wanted them in town.
Posted by VABuckeye
NOVA
Member since Dec 2007
38283 posts
Posted on 5/2/12 at 2:51 pm to
quote:

NWA


You can't earn there or have the earnings potential you do in NYC or DC.

Fact.
Posted by trillhog
Elite Membership
Member since Jul 2011
19407 posts
Posted on 5/2/12 at 2:55 pm to
quote:

You can't earn there or have the earnings potential you do in NYC or DC. Fact.


well yeah, we don't even have a million people here. for this area's size though there's alot of large companies with small outpost set up. and with tyson, hunt and walmart, those are pretty big companies for the size of nwa.
Posted by iggle
Member since Oct 2007
2649 posts
Posted on 5/2/12 at 2:55 pm to
I live in brooklyn and currently pay 22% of my gross income toward rent. When you first move here, you may be a little scared or nervous to live anywhere else but manhattan. But after a while, you realize living further out isn't that bad and is A LOT cheaper.

I live in a neighborhood I wouldn't even go near 4 years ago. I've never had a problem and I live in a great new apartment.
Posted by MStant1
Houston, TX
Member since Sep 2010
4557 posts
Posted on 5/2/12 at 2:55 pm to
quote:

I'm just saying, you understand this is a to each his own thing right? Like I personally have zero interest in owned a 5000 sq foot house, but I would JIMP at a 1100 sq ft condo in Manhattan.



Good luck!
Posted by wegotdatwood
Member since Aug 2009
17094 posts
Posted on 5/2/12 at 2:57 pm to
quote:

NWA


You can't earn there or have the earnings potential you do in NYC or DC.

Fact.



Yeah, but the cost of living is ridiculously cheap.

If you're making 150k here, I bet it would be like making a million in NYC.

Some people have never lived in a nice place that is also cheap to live in so they wouldn't even consider it.


It's all relative.
Posted by ATL_Tiger
Philly
Member since Mar 2004
2349 posts
Posted on 5/2/12 at 2:59 pm to

quote:

40% is a good number. When I first moved in I was going about 50% not including bonus.



When I was searching in 2010 all places I looked at required you to make a bare minimum of 40x your monthly rent per year. i.e. if you're looking to rent a $3k place, you need to make atleast 120k/year. Meaning the highest was 30% of the income unless you have a cosigner.
Posted by MStant1
Houston, TX
Member since Sep 2010
4557 posts
Posted on 5/2/12 at 2:59 pm to
quote:

Yeah, but the cost of living is ridiculously cheap.

If you're making 150k here, I bet it would be like making a million in NYC.

Some people have never lived in a nice place that is also cheap to live in so they wouldn't even consider it.


It's all relative.



It's cheaper in Arkansas for a reason.
Posted by wegotdatwood
Member since Aug 2009
17094 posts
Posted on 5/2/12 at 3:04 pm to
quote:

I'm just saying, you understand this is a to each his own thing right? Like I personally have zero interest in owned a 5000 sq foot house, but I would JIMP at a 1100 sq ft condo in Manhattan.



Then go smaller.


2100 sq, 3br, 2bath that will run you $750 a month on a 30 yr note with 0 down.



Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 5/2/12 at 3:06 pm to
Yeah I'm just a city dweller. For you the cities are for visiting, for the me the country is worth camping.
Posted by trillhog
Elite Membership
Member since Jul 2011
19407 posts
Posted on 5/2/12 at 3:07 pm to
quote:

I live in a neighborhood I wouldn't even go near 4 years ago. I've never had a problem and I live in a great new apartment.


what hood? i used to hold carol gardens down, i loved that area.

Posted by trillhog
Elite Membership
Member since Jul 2011
19407 posts
Posted on 5/2/12 at 3:09 pm to


i hate these mcmansions, i'd never be able to live in a house like this
This post was edited on 5/2/12 at 3:10 pm
Posted by BennyAndTheInkJets
Middle of a layover
Member since Nov 2010
5858 posts
Posted on 5/2/12 at 3:11 pm to
The difference is you can do anything or get anything delivered at any point in the day/night in Manhattan. Literally. No joke.

I grew up in south Arkansas, went to school in NWA, and now have worked and lived almost a year in Manhattan. To kfizz's point, every place has goods and bads. So to the OP, if you're looking to go balls out up here, live in Manhattan. If you want to save a little and still have a lot of fun, live in Brooklyn. If you don't care about having a lot of fun, live in the nice areas of Queens, the Bronx, or across the bridge in Jersey.

Oh yea, and if you're a hipster go to Williamsburg in Brooklyn and kill yourself.
Posted by wegotdatwood
Member since Aug 2009
17094 posts
Posted on 5/2/12 at 3:11 pm to
quote:

Yeah I'm just a city dweller. For you the cities are for visiting, for the me the country is worth camping.


That's what I getting at. In Arkansas, if you're from NWA you're considered a city slicker.


What you're thinking Arkansas does not equal what NWA is.
Posted by VABuckeye
NOVA
Member since Dec 2007
38283 posts
Posted on 5/2/12 at 3:15 pm to
quote:

If you're making 150k here, I bet it would be like making a million in NYC.


Not really. If I'm wise with my money I'll have much more to invest making larger $$$ in NYC.

You can argue quality of life but earnings and cash in the bank? Not so much.
Posted by VABuckeye
NOVA
Member since Dec 2007
38283 posts
Posted on 5/2/12 at 3:16 pm to
quote:

i hate these mcmansions, i'd never be able to live in a house like this


Ya'll call that a mcmansion? Here, it's barely a starter house.


Posted by wegotdatwood
Member since Aug 2009
17094 posts
Posted on 5/2/12 at 3:16 pm to
quote:

The difference is you can do anything or get anything delivered at any point in the day/night in Manhattan. Literally. No joke.



So getting delivery of shite late in the night is worth the difference in price to you?

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