Albany vs Syracuse Markets

[Chris Ferreira]

Hi Everyone,

I'm looking to invest south of the border and the two biggest markets that are closest to me are Syracuse and Albany. I noticed that Syracuse is alot less expensive than Albany, but Albany seems to be more stable with slight population growth. My intent is do BRRR deals and was wondering which is a better market for this? I would appreciate any insight you may have on these two markets. Thanks

[Nick Rutkowski]

@Chris Ferreira

I’m a Syracuse native, just like every city there are pockets to invest in. I hope you like snow, Syracuse is known to get 10 feet a year. (I’m not kidding 120 inches average) It’s a very stable market not much appreciation but you can find decent cash flow deals. I heard Albany had a revitalization grant from the state. Everyone from NYC is buying in Albany now. Albany vs. Syracuse - Id pick Albany.