All Forum Posts by: Alex Foster

Where area of Buffalo are the properties located? There are a few property management/construction firms that have specialties in certain areas of WNY:

Thanks Jill and Bernhard!

After reading "The Book on Rental Property Investing", took the first step in my education and joined the BiggerPockets community. Looking forward to learning about multi-family investments and how to build a successful real estate portfolio!

We just recently bought a double in Kenmore, NY and had the same issue at first. Month to month tenants but like the last reply, we didn't and couldn't afford to lose the tenant and search for a month or two. So we put together a 6 month lease to get them to May (prime weather and rental season in Buffalo...at least we think) and then if they were good tenants and we approved (they were) we had them sign a year lease from May 16- May 17 with a 3% increase in rent from last year. Seemed to work in our favor. Now our goal is to make slight updates here and there when the tenants are out of town or when mutually agreed upon. Hope this helps!