NYS market

[Ed Kahle]

Anyone wholesaling upstate NY?  Curious about inventory leads and buyers.  Opportunity there?  The state is expelling business and residents away for the last decade.  I know retail is hard and it's not uncommon to list for 12 mo or more to sell at a price much lower than anticipated.

[Ed Kahle]

Funny, I lived in the Hudson Valley (Columbia county )all my life and just moved to Charlotte NC. for a better life  Owned a construction and development business there for 27 yrs.  I've built custom homes in Highland!  Last four years were enough for me to look for greener pastures.  One hurtle here are the property taxes, just the opposite of NYS.  You know all to well if a house in NYS sits vacant for say four years and falls behind in taxes you got a $30,000 tax lien.  Here, maybe $4,000-$5,000 so people just aren't motivated.  Vacant houses just sit.  And I thought high taxes were bad?  Maybe not so for wholesaling!  It's hard to get folks to sell here.  The other concern about NYS is buyers.  I a depressed state there aren't allot but NYC provides this for the HV.   I got a deal in Milwaukee under contract right now and I'm thinking of working NYS too.  Just wanted some insight from investors doing NYS right now.