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Updated almost 7 years ago on . Most recent reply

User Stats

22
Posts
4
Votes
Jacob Ehrgott
  • Auburn, NY
4
Votes |
22
Posts

Multi family investor in Upstate NY

Jacob Ehrgott
  • Auburn, NY
Posted

Hi all Jake Ehrgott here big time bigger pockets reader but I have not posted much so wanted to introduce myself and change that. I currently own 10 units (three duplexes and a 4 unit). I was up to 14 units but bought a 2 and 4 unit right next to each other in an area that was more hassle then it was worth. I've sold the 4 unit and paid off the loan and am now looking to sell the 2 unit and 1031 exchange the equity into a few 4 units in a different area.  Been at this for about five years now so I wouldn't consider myself a newbie but still lots to learn especially with book keeping and tenant management. Also a side note I've been working through the podcasts I'm on podcast 90 can anyone tell me when Josh and brandon stop trying to harmonize "quuuuick tiiiips" because I may skip ahead to that episode. Just kidding great info on those podcasts love the success stories and learning from their mistakes.

-Jake

Most Popular Reply

User Stats

22
Posts
4
Votes
Jacob Ehrgott
  • Auburn, NY
4
Votes |
22
Posts
Jacob Ehrgott
  • Auburn, NY
Replied

There’s plenty that look good on paper Nick. Syracuse has good and bad areas and high crime rates overal so I havnt gone that way yet as I’m not super familiar with it. I’d probably only do a big multi unit with property management out there. Auburn has less options but they do pop up occasionally. I have some cash flowing ones in Auburn so definitely possible.

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