Binghamton NY new investor

[David Elefant]

Hey All,

My partners and I are possibly looking into investing in the Binghamton area. We would specifically be looking to cater to Binghamton university students. We previously were focusing our efforts in Syracuse Unvierstiy, because we had a strong understanding of the market rents and ideal areas. Unfortunately, the same cannot be said about Binghamton. From our initial research, it seems that Binghamton students are spread out throughout the city varying from Johnson City, vestal, and east of the downtown area. If anyone has any recommendations of real estate agents or property managers that would be great. Also, if anyone has a better grasp of the Binghamton university student off campus layout, any input would be great! Thanks

[Gary Kline]

Binghamton is no Syracuse.  I have been closing real estate transactions for buyers and sellers for 27 years.  During that time I have seen an ebb and flow of where students want to live.  There are many new buildings so some of the older inventory is hurting.