All Forum Posts by: Michael Ramzy

I’m researching developing areas in the Rochester NY region where a development plan is in process. Does anyone recommend or know of areas that fit this criteria?

Would love to attend. Unfortunately, I'm in the states this weekend till Monday. Will try to attend January 14! :)

Keep me in the loop @Larry Smet Thanks

Originally posted by @Pat L.:

@Steve Basra we use a great Tax guy here that also handles CDN REI tax related issues.

We have used the same attorney here locally (20yrs) that has a lot of CDN clients. Sp feel free to network with us.

 Hi Pat, I remember we connected a while back before I got into my first property in the states and you were very helpful with information. Would love to connect back and if any networking group would be great to join in. Thanks again Pat :)

Originally posted by @Melina Gorosito:

Originally posted by @Michael Ramzy:

Hi Steve, I've gone through these steps. PM me would love to connect. I'm also from Mount Albert, Ontario. And I have a property in upstate NY. Also, looking to go through more in the area.

 Hi Michael,

I was wondering how you found your property, and the professionals helping you with the transaction. I'm in Brampton, Ontario and looking to invest in the US but I don't know where to start looking.

Hi Melina, I knew the area for a while now since I have family there too. But I started networking there and connected with others. Even the team from the sellers agent. Found a good attorney and he actually did a good job. I have it now for almost 2 years and looking for more in upstate area. I think we should connect here or start a networking group since we have a few common grounds and investing across the boarders. Feel free to PM me. 

Hi Steve, I've gone through these steps. PM me would love to connect. I'm also from Mount Albert, Ontario. And I have a property in upstate NY. Also, looking to go through more in the area.

@Joel Owens thank you. I see your point.

@Joel Owens what do you mean by tying the property up. The sellers is offering owners financing too. So, I can buy it for 50% down and finance the rest. Or is there a better option?

@Wayne Brooks but the close around buildings are all SFR.

@Wayne Brooks the closest commercial protoerties would be 5-6 building down the road and there is a major commercial lands started developing this month and big names in the commercial business are building there now as we speak. That’s why I’m interested in this land. What do you think Wayne?

Buying a land on a good traffic main road zoned residential in Rochester area. Half the land is full of trees and that half eldge has a creek runnIng on that edge line of the property so creating a border line for the property. Its lIke a trIangle. The other opporite side of triangle is the main road and good traffic there. It’s 387 feet on the road. The small side of the third side of the triangle is a house. My question is how hard is it to change the zoning from residential to commercial in Rochester NY and if someone can shed some light from experience on buying a land and needs to be cleared from seller e. g. Environmental and waste clearance...etc. thank you