January 28, 2007

Buffalo Real Estate Investments

I am a real estate investor in Buffalo, New York. I have been investing since March of 2005 in Buffalo. My research started about a year prior to that, however. The return on investment is can be very high in Buffalo. I have focused on the West Side near Buffalo State. They are in excellent condition as are all of my properties. I have been able to find excellent deal. They are not easy to find however.

Real estate investing takes time and work. You have to wait for the right deal. I have found my best deals in the MLS. There are several sources for this info online. I do my deals all cash. I raise the money privately when needed. Most seller do not want to deal with banks on bargain properties, because of the longer closing period, much more documentation, surveys, 3rd party inspections, etc.

In regards to rentals: location, quality of rental, and number of bedrooms is most important. I have had a one bedroom vacant for three months. I filled a vacancy in a three bedroom in one day.If you would like to know more about my experience in Buffalo, leave a comment. I will let you know.

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Filed under Real Estate Info, Real Estate Investments, Real Estate Tips by TRD.
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