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Updated over 9 years ago,
New Investor in the Buffalo, NY area
Hello BP,
My name is Derek and I've recently moved back to the Buffalo, NY (family is from here) area after spending the past decade across the border in Toronto.
I'm in the process of getting my 1st property, pre-approval for my Financials are set, and I will be looking at properties starting this Sunday (yes, sacrificing a football Sunday, so you know it's serious! Ha)
This is such a knowledgeable community and a priceless resource that any insights, or possible partnerships would be more than welcomed...
My current plan is to purchase a 2 or 3 unit (which I will occupy as well) and I'm currently looking in the 14216 North Buffalo, North Park, Kenmore, Amherst, Tonawanda areas. Elmwood village is great but a little pricey for me at the moment, thinking about West Buffalo as well close to Richmond but not as familiar with the areas enough to feel confident (I know it's going into a Renaissance mode but like any city, has its good and bad pockets)
For 2016 I plan to buy at least 2 more properties, ideally 1 as a flip and 1 SFH rental, then continue to multiply my output moving forward.
Any suggestions, insight, tips, or contacts would be much appreciated, may you all have a wonderful and prosperous day ahead of you.
Best Regards,
Derek Browning