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Updated over 7 years ago on . Most recent reply

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18
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5
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Andrew Chesnutt
  • Buffalo, NY
5
Votes |
18
Posts

Newbie Investor from Buffalo, NY

Andrew Chesnutt
  • Buffalo, NY
Posted

Hi,

I'm Andrew and I've been interested in real estate investing for a while but am finally ready to take the steps to make it a reality. After starting my own non-real-estate business over a year ago, I've decided that I never want to work for "the man" again and real estate looks like an excellent opportunity.

I've trained customer service reps for major mortgage lenders - right about the time when the market was melting down. I've also worked a bit for some friends that owned a title company so I have some background in real estate but I'm learning all I can about the intricacies of the investment side of things. I'm also hoping to buy my first multifamily in the next 6 months.

Feel free to say hi.

Cheers,

Andrew

Most Popular Reply

User Stats

18
Posts
5
Votes
Andrew Chesnutt
  • Buffalo, NY
5
Votes |
18
Posts
Andrew Chesnutt
  • Buffalo, NY
Replied

Amherst and Williamsville are pretty suburban and quite expensive. As a general rule, this area is usually where you go when you're growing a family and looking for a house or retired so senior housing and SFH are big here.

I'm looking for duplexes at this point (at least to start out with) but my 5-year goal is for multi's (5+.) I'm still in the beginning of my REI journey though so that's subject to change. LOL.

From what I've seen so far, the City of Buffalo and Niagara Falls have the potential for some good deals but you'd have to do some research. Buffalo is a little odd; one block of a street might be fine, the next block is pretty undesirable, then two blocks over is the trendy area. I'd recommend just driving around the city to get a feel for the different areas.

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