Buffalo, New York

[Richard Boyd]

Hello Everyone, 

I just wanted to ask a some questions regarding Buffalo's market. 

1. Does anyone have some solid reliable realtors and brokers in the area that deal with multifamily? I'm asking because in a few months, I will be on the search for a tri/quadplex.

2. How difficult is it currently to get your hands on one of those properties in that area right now? This will be my primary residence as well. 

3. Are the individual units easy to rent out right now? Will I be looking at waiting to find a renter or are they pretty common?

4. What are some good areas for buying? My budget is at about or a little less than 300k with a VA loan.

5. What kind of market is the area in right now? It appears to be close to peak. I'm ignorant though. 

6. Should I even start investing here? I will have a partner, but what are the odds of me buying a quad every year?

7. Are there any other factors that I should be aware of? 

I'm asking all of this because I won't be living there until I purchase a place and I don't want my first one to become a mistake. I have read just about everything I could get my hands on and I'm ready to start investing. Also, I have read about people using their Roth 401k to invest with while paying little taxes; does anyone know more info on that?