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All Forum Posts by: William Lidell

William Lidell has started 0 posts and replied 3 times.

Post: Looking for Property Management in Endicott, NY

William LidellPosted
  • Real Estate Agent
  • Whitney Point, NY
  • Posts 5
  • Votes 7

@Ron West

Hello guys! Great to network with you! I am a real estate agent in the Greater Binghamton Area. I have properties that come up in Endicott from time to time, and I have some multi family properties that I am in the process of listing right now. I will keep in touch with both of you when I do list them. Always awesome to find people in the area that are actively investing!

Thanks

Bill Lidell

Post: Investing in Upstate NY...Yay or Nay??

William LidellPosted
  • Real Estate Agent
  • Whitney Point, NY
  • Posts 5
  • Votes 7

@Joshua Mcdougall

I am an agent in the greater Binghamton market and this has been a good market the last 5 years for multi family units. The expansion from Binghamton University has really put in high demand student rentals. The rental market is big here and the properties are priced attractively. If you have any questions about this area please feel free to PM me.

Bill Lidell

Post: Buy rental property in location with no appreciation? Upstate NY

William LidellPosted
  • Real Estate Agent
  • Whitney Point, NY
  • Posts 5
  • Votes 7

@Josh Feldman Hi Josh. I am a real estate agent in the Binghamton area and am also a rental owner in a very similar situation. I help investors and also invest personally right by SUNY Binghamton. This is a university that has been growing its enrollment the last 5 years. Real estate investment in student rentals has followed and a boom in student housing has been the result. I know quite a few people who do exactly what you are talking about and yes being 4 hours away has its challenges, but the cash flow you can get in these areas is very attractive. Binghamton is also in a very stable market where you will not see a ton of appreciation, but you won’t see a lot of depreciation either. So overall I do think it is a good investment decision to be part of this trend.