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Updated about 7 years ago on . Most recent reply

User Stats

344
Posts
276
Votes
Paulette Midgette
  • Investor
  • Philadelphia, PA
276
Votes |
344
Posts

Looking For Active Investors/Information - Binghamton NY

Paulette Midgette
  • Investor
  • Philadelphia, PA
Posted

Hello Binghamton Family,

I am a buy and hold investor in Philadelphia looking to branch out.  I recently spent some time in the Finger Lakes and really loved the area.  Now I am thinking about investing.  Specially, I would like help with my research of Binghamton.  I need help understanding the various neighborhoods, which are good for buy/hold, solid tenants, relatively low crime rate.  Student rentals vs non-student rentals...stay away from one or keep both on the list?  What is the purchase price-rent ratio like.  Real estate taxes reasonable or way too high?

My research showed that the West Side (WSNP) might be a good place to start.  I understand students like to rent in the area.  I like to invest in downtown areas that are revitalizing.  I couldn't tell from my research if this is occurring in Binghamton.

Any advice, links, reports, that you can point me to would be greatly appreciated.

Thanks in advance!

Most Popular Reply

User Stats

394
Posts
310
Votes
Stephanie Jacobson
  • Real Estate Agent
  • Syracuse Binghamton and Ithaca, NY
310
Votes |
394
Posts
Stephanie Jacobson
  • Real Estate Agent
  • Syracuse Binghamton and Ithaca, NY
Replied

Hi Paulette! I'm so glad you liked it here! This isn't a beautiful area, and Binghamton is a hot spot for investors right now. 

I've sent you a PM; I'm and agent and I cover both Ithaca and Binghamton. 

  • Stephanie Jacobson

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