All Forum Posts by: Chris D.

Yes, I own a bunch of multi unit buildings looking very hard for more!

Hi, anybody in the the WNY, Buffalo, North Tonawanda, Tonawanda area own any 4 units and up?  Looking to talk, network and work out some deals :)

Chris

It all depends on the area and what rents are. For example, i used to own a bunch of doubles in the black rock/riverside area, I was purchasing them for 40 to 45k, renting the units for 500 to 650, so all and all i was making 500 to 700 profit every month on a double.  Now in another area i own, i purchased a double for 120k, with rents around 800 each im only making 350 a month profit, but better appreciation,better area, better tenants, etc....

I am also interested in getting together to network and find deals, when do these BP meetings take place?  

Hi everybody, new to this site, just found out about it.  I have been investing in real estate for about 17 years now.  Im in the suburbs of Buffalo, NY.  I mainly own properties in North Tonawanda area.  I look forward to networking and learning from this site.  I look forward to hearing from everybody, asking questions, and hopefully increasing my portfolio as im always looking for 4 units all the way up to 100 units in the North Tonawanda, Amherst, Tonawanda, Kenmore, Lancaster, and some areas of Buffalo in the City.  Thanks Everybody!

Chris