Hi from a NY state investor!

[Michael Gansberg]

Hi everyone, I'm an investor primarily focused on the Capital District, with a concentration in Troy, NY. But I go as far west as Buffalo, as far south as Hudson, NY, and as far north as Mechanicville, NY.

My primary business line is acquiring distressed two to ten unit properties(though I've picked up a few single family homes and also acquired a few larger projects,) renovating them, and getting them fully tenanted with very happy tenants. Of course, it's the last part that is the biggest challenge.

I've written one book on real estate titled "Rentals to Riches: Making Money in Multifamily Real Estate"

[Michael Gansberg]

Hi Josh Robbins and James Wise, 

Sorry for the slow answer, I just noticed your questions. 

Josh- I highly recommend investing in Troy, it is a very landlord-friendly environment. The rules and regulations are not overly restrictive, and the eviction process is not extremely onerous. Cohoes, unfortunately, is quite the opposite- their code department is less than reputable, the eviction process is incredibly expensive and time-consuming, and the real estate prices reflect that sad reality- smart investors want little to do with Cohoes. I have no assets in the Watervliet region(not for lack of trying,) so I can't directly recommend it, but I can say that what I've heard from other investors suggests it's a good place to invest, and should the opportunity present itself, I would invest there.

James, I published Rentals To Riches through CreateSpace on Amazon.com. It's a fairly simple process, the two hardest parts of it are writing your book and formatting your book, not necessarily in that order. Once you've written it, it's fairly inexpensive to pay an expert to help with formatting(though I did it myself. Probably an error, in retrospect.)

Good luck!