Multi Family units Upstate NY/Opinions?

Shark, if you dont mind me asking… how many units do you have in buffalo? What area of the city are the located in?

Hey Rookie. If you don’t mind me asking, where did you pull those numbers from? Can’t say i’m shocked at them though… :-\

Thoward,
I IM’d you the link from where I pulled that info from…Last time I posted a link on the open forum I was told I wasn’t supposed to post links…

AND THERE IS NO CRIME IN NYC!!!
I LIVE JUST OUTSIDE UTICA…NOT BUFFALO. AND YOU HAVE MORE CRIME IN 24 HOURS THAN WE HAVE IN 2 YEARS…NOW THAT’S A PLACE TO RAISE A FAMILY…I CAN HONESTLY SAY I HAVE NEVER SEEN A CSI UTICA…HAVE YOU?? I OWN 43 PROPERTIES AND I KNOW ALL MY TENANTS BY NAME…BEEN DOING THIS FOR YEARS…LONG BEFORE FLIP THIS, FLIP THAT, EVEN EXISTED…MY ONLY ADVICE FOR YOU ROOKIE IS THIS:

  1. TAKE GOOD CARE OF YOUR TENANTS/ TAKE GOOD CARE OF YOUR PROPERTY
  2. DONT EVER USE YOUR OWN MONEY
  3. CASH RESERVES WILL ALWAYS TRUMP CASH FLOW
  4. LET EVERYONE YOU COME IN CONTACT WITH KNOW THAT YOU ARE AN INVESTOR
  5. ALWAYS ASK UP FRONT IF THE SELLER WILL HOLD ALL OR PART OF THE NOTE(YOU WILL BE AMAZED)
  6. ENJOY WHAT YOU DO OR DONT DO IT
    GOOD LUCK

shark now I agree with you…But earlier you spoke about Buffalo…Utica and Buffalo are very far apart and very different…I’m in that area/general vicinity also,hopefully we will pleasantly run into each other…Beers will be on me…No hard feelings :slight_smile: