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Updated about 7 years ago on . Most recent reply

User Stats

56
Posts
12
Votes
Aimee Lawrence
  • Rental Property Investor
  • Fort Collins, CO
12
Votes |
56
Posts

Is a Buffalo turnkey a good idea?

Aimee Lawrence
  • Rental Property Investor
  • Fort Collins, CO
Posted

Hi! I am VERY new at this. I have one rental in Fort Collins Colorado that is currently being renovated. This market is so expensive that I feel like buying another one here would take longer than I would like it to. My husband is originally from Buffalo, NY and so we know that area well. I found a company online called Buffalo Turnkey Properties. They have an A+ rating with the BBB and are accredited. Properties are crazy cheap out there and Buffalo is making a come back(we always knew it had good bones!). Does anyone have any thoughts on this company or investing in Buffalo in general? Thanks!

Most Popular Reply

User Stats

7
Posts
3
Votes
Thomas Zak
  • Property Manager
  • Buffalo, NY
3
Votes |
7
Posts
Thomas Zak
  • Property Manager
  • Buffalo, NY
Replied

Certain areas of buffalo are booming like North Buffalo.  There are many positives in buffalo but, income properties are only beneficial in certain areas of buffalo, so you have to pick it right.  Otherwise, your properties will just get destroyed and you have to renovate and evict every 6 months.

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