All Forum Posts by: Alfred Kamga

@Christopher Contento  yeah i saw that area. There is huge construction around. That is a great idea. I will look into that too. Thank for bringing that up @Jennifer Hoover. I definitely do want to fall in this trap. I need to make sure i have an exit door for sure

Thank you @Stephanie Jacobson and @Nick Rutkowski. Hahaa, @Stephanie Jacobson i am not sure if that is possible because it is either one or the other in those proximities town. There is a city i know that i had both appreciation and cash flow before covid. It is Worcester in Massachusetts. However, since Covid everything shift to remote and there is a drop out around the city. I think from my conclusion, finding both criteria at the same place is extremely hard as Covid does not back down. So, either you buy and do the brrr to increase the cash flow. But one criteria does not guaranty the other criteria down the road. No matter what, i need a secure exit for any of the target town whenever needed on the long run (that is my opinion)

@Stephanie Jacobson and @Nick Rutkowski Thank you i just made a series of comparison from town around Syracuse versus Syracuse to assess the situation. Here are my findings.

Town with great cash flow but very slow appreciation over time are: Syracuse, Binghamton, Owego,

Town with less cash flow and high appreciation over time are : Ithaca, Rome, Cortland
Unless you have something to add on where i am wrong. i will be glad you guys give me inputs on my searches, please. Additionally, do you know town still around that have both (cash flow and appreciation over time) criteria or on which of these town here i can make move so that i have both criteria at my advantage ( that is actually my target in order to purchase an investment property)? 

Thank you for all your addition. I was already looking at some data to have an overview of how cash flow versus appreciation. And you guys just fall right on my thoughts. From the little work i just completed over the internet. here are couple data i found:

Town with great cash flow but very slow appreciation over time are: Syracuse, Binghamton, Owego, 

Town with less cash flow and high appreciation over time are : Ithaca, Rome, Cortland
Unless someone else has something to add on where i am wrong.  i will be glad you guys give me inputs on my searches, please. Additionally, do you guys know town still around that have both (cash flow and appreciation over time) criteria or on which of these town here i can make move so that i have both criteria at my advantage ?

@George Darcy i am a newbie in the area, and i do not know what direction to take. However, my first target is to be close to work which is in Syracuse. So, from your experience it did not turn well. What is the market as of now (2022) ? good to invest now inside Syracuse to get a great cash flow or still better to look outside ? I am looking to buy a multifamily and hold it but i want a good cash flow

@all do you have an idea of the market directly outside Syracuse ? like Oswego, Owego and etc (where there is best cash flow not too far from Syracuse like about 1h max from it) ?

Hello everyone, 

i am new in the new york up state area (I am in Clinton for now) and i am looking where are the best areas for real estate investment around new york up state (Syracuse, Schenectady, ... ?). Could you please give me a good list on where to invest in multifamily houses and more ? Good broker and real estate agent around the areas who can help me in all the strategy possible ? I will greatly appreciate the info