Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago,

User Stats

13
Posts
4
Votes
Mike Pepperday
  • Rental Property Investor
  • Buffalo, NY
4
Votes |
13
Posts

Buying in Buffalo NY area

Mike Pepperday
  • Rental Property Investor
  • Buffalo, NY
Posted

Vent session here... I am currently house hacking and looking to purchase my second multi family property for a while now...  I have put offers on around 7-8 different properties and have been blown out on every offer. I haven’t been underbidding but most of these offers have been cash deals or the accepting offer has been $15-20k more than asking price. With the going rents in the areas it’s mind boggling to me that these people are making money or breaking even every month. My fiancé and I need a second property to start having financial freedom to start our real estate path to set us up for success but it’s starting to feel like a dead end of how things have been going recently. Or any off market properties that came my way are absolute disasters physically and financially  that doesn’t make sense to invest in. Any advice what to do or keep grinding it out and hopefully one will come our way?

Loading replies...