All Forum Posts by: Brian Rosher

@Benjamin Mensah, It is very neighborhood dependent in Albany, you can't apply a blanket rule.  There are lots of neighborhoods from trendy, government/hospital, student and low income. Depending on your goals would steer you to some particular neighborhoods.

Congrats.  The Bolt is a great choice and they are doing great deals on them.

In our area building new is challenging for investment properties.  Building is expensive due to scarcity of suitable lots and construction costs, especially as compared to existing 2-4 family homes.  Many areas are not zoned for a 2-4 family as a primary use, either not allowed or requires a special use permit.  You'll need to start learning about zoning maps and town regulations in areas of interest.

Congrats on working through your flip!

Frunk is good for landlord go kit.  I've been all electric since 2014.

Hi Adam,  I am an agent living in Clifton Park and am very familiar with Saratoga county.  I work with investors and am certified for commercial as well.  I'd be happy to help you and your Mom into her new home.  

Hi Adam, I'll PM you some contacts. Best to stick with local community banks for these types of situations. You could also look at HELOC type products rather than a traditional mortgage.

@Joshua Lupo With all the stability Albany offers, there is less risk for investors and more competition from owner occupants to keep prices up.  I think its just risk vs reward.

Albany has very steady rental pool for the reasons you described.  This also keeps property values up though.  There are other neighboring towns in the area which offer better returns, but taxes are a given up here and should be factored in advance.

Hey Trever,  Welcome to the fold.  Check out the events section.  We have been having events in Albany and Glens Falls lately.  Any specific questions let us know!

Thanks for posting.  I just came across one of these near me, but I believe it is being posted by the lease holder.  Here is another article...

https://www.jsonline.com/story/news/investigations/2017/03/03/no-title-no-worry-llc-no-longer-owns-house-files-evict-milwaukee-family/98550996/