All Forum Posts by: Christopher Stanis

William, thanks for the thorough post. Great information! Do you mind if I share this with a future REI CLUB meeting?

-Chris 

William- yes we do! Binghamton REI still meets the 4th Tuesday each month. We're over at Brothers 2 on Watson Blvd in Endwell now.

From 6-7 is for networking and the chance to order dinner. 7pm starts the speaker portion of the meeting . 

Upcoming meetings are tomorrow, May 24th, June 28, July 26th, etc. please come join us! 

I forgot to add, Upcoming REI meetings for 2016 are:

May 24th

June 28th

July 26th

August 23rd...... 

Investors from Binghamton, Elmira, Ithaca, Cortland, Oneonta, Scranton, and Syracuse often attend!

@Stephanie Jacobson,

Welcome back to the Southern Tier! I saw another post you had about moving back into the area. Yes, we are still meeting the 4th Tuesday of every month ar Brother's 2 Restaurant, on Watson Boulevard in Endwell NY. 

Our meetings have grown substantially in the last year, and we've been seeing upward of 30 members at our most recent meetings. There's quite a range of experience in the group, from those working on their first properties, to others that own over 100 units. We actually have a number of members that come from Waverly/ Elmira area. You may also wish to connect with @Account Closed. 

Our meetings start at 6pm for dinner and networking time, with the speaker portion of the meeting at 7pm.  Most people usually arrive at least by 6:30 to  get to know other investors. If you'd like to bring guests, they're absolutely welcome- whether they're investors, or provide direct services to real estate investors. 

I'll connect with you on a personal connection, shoot me your email when you have the chance, and I'll add you to the email list!

Thanks!

Chris Stanis

Affordable Housing Provider; President of Southern Tier Real Estate Investors Association

@Erik Richards, welcome to Real Estate investing, and to the Bigger Pockets community. I live in the Binghamton area, and am president of our local Real Estate Investing Club. We'd love to have you join us sometime, it's a great group of people, ranging from those on their first deal to members that have done development project in excess of $70 million. 

We meet the 4th Tuesday of the month at Brother's 2 Restaurant in Endicott. Meeting time starts at 6:00 pm. 

Also, if there is anything I can do to help you out, please let me know. I'm always up for a coffee and discussing any projects. 

Good luck, Chris

@Peter Kelly- Tioga State is probably one of the more investor friendly banks in town.  

@Robert White- do you have any connections that you might recommend on this topic? 

I hope that you had a very fantastic holiday season. Now that we're into a New Year, it's time to get serious about building your Real Estate Investing business. The best way to do this- our Southern Tier REI club meetings of course!

Please mark your calendar- our meetings are going back to the 4th Tuesday of every month. We Meet at the Brother's 2 Restaurant in Endwell NY at 6:30.

January's Meeting: Tuesday, January 26th.

REAL ESTATE MATH: how do know exactly what to offer on that rehab house, or how much cash flow that rental property will generate? This is your chance to kick up your real estate investing a notch. This is a must come for anyone newer and learning about Real Estate. You can't be a successful investor without knowing your basic math. 

TBA: We may have a 2nd guest speaker- we can let you know the topic once a second speaker is confirmed.

CASH FLOW BOARD-GAME GROUP:

Did you enjoy the cash flow board game we played at last month's meeting? If you are new to RE investing, and would like to sharpen your skills, this game is hands down some of the best practice you'll find.

One of our members, Bob White, expressed interest in creating a sub group, giving us the opportunity to play and practice investing outside of the normal meetings.

If you're interested to play, please shoot Bob a message request: @Robert White

Tags: 

Binghamton, Norwich, Oneonta, Painted Post, Elmira, Corning, Ithaca, Cortland, Owego, Scranton, Syracuse

Hey @Sawyer Masterson

Thanks for joining us on BP. With 5k in Owego/ Binghamton area, there are several approaches you could try. First, if you are looking for buy and hold properties, 5k can be enough to buy you a 3 or 4plex, IF you're a first time home buyer. FHA loan. Live in one unit, rent out the others. Great way to get started in our area, especially with homes being as cheap as they are.

If you prefer the flipping approach, then you could get started rehabbing trailers. It may not be sexy, but the returns can be great. You buy an older used home for 2-3 k cash, paint over the wood paneling to brighten the room up, fix any soft spots on the floor, put in some outdoor carpeting, and VIOLA- quick sale for 5-7k, allowing you to build more of a war chest. 

@Robert White- thanks for the tag. And lastly Sawyer- come learn from other investors that are making it happen. We have investors join us from across the Southern Tier- Ithaca, Binghamton, Oneonta, and Elmira/ Corning areas. We meet the 4th Tuesday of the month at Brothers 2 in Endwell NY. 6:30 PM, earlier if you plan to order dinner. Every month we bring in speakers, and you can network with a wide range of experiences. 

Thanks! Hit me up if you'd like to come!

@Clifford Babson- welcome to BP! We'll be glad to have you at the Southern Tier REI Club. We meet the 4th Tuesday of the month in Endicott NY. Meeting place is the Brothers 2 restaurant at 6:30.

Also- I'm curious about your self directed IRA. Who did you use to help set that up? Is there someone local to Central NY.

@Harriet Baldwin and @Account Closed and invited her to our upcoming REI meeting on the 15th. Keep spreading the good news!