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All Forum Posts by: Mike Pepperday

Mike Pepperday has started 7 posts and replied 12 times.

Post: Tiny Homes - Western New York - Buffalo Area

Mike PepperdayPosted
  • Rental Property Investor
  • Buffalo, NY
  • Posts 13
  • Votes 4

Does anyone know, or have experience with tiny home short term rentals in the western New York area? I am searching for if there is any demand for it in the area other than searching for it on Airbnb. I am not sure where to look. Thank you in an advance

Post: Finding off market properties

Mike PepperdayPosted
  • Rental Property Investor
  • Buffalo, NY
  • Posts 13
  • Votes 4

Hello BP fam!
Does anyone know how I would be able to find an address of someone who recently passed away other than driving to city hall and going to public records? I see that there’s a bunch of websites out that do that but you have to pay for the search and are they a legitimate site? Has anyone used any of these sites and had success?

Post: Off market property letters

Mike PepperdayPosted
  • Rental Property Investor
  • Buffalo, NY
  • Posts 13
  • Votes 4

@Carl Millsap thank you for the feedback!

Post: Off market property letters

Mike PepperdayPosted
  • Rental Property Investor
  • Buffalo, NY
  • Posts 13
  • Votes 4

Hello BP family!

With the insane market, I’m looking to pivot to send letters to SF properties in Western New York. Does anyone have a letter template they are willing to share with me to send to property owners to sell?  TIA

Post: Installing central A/C worth it in the Buffalo area?

Mike PepperdayPosted
  • Rental Property Investor
  • Buffalo, NY
  • Posts 13
  • Votes 4

Sorry should have been more specific lol. Yes it’s for a duplex. Tenants would be paying the utilities 

Post: Installing central A/C worth it in the Buffalo area?

Mike PepperdayPosted
  • Rental Property Investor
  • Buffalo, NY
  • Posts 13
  • Votes 4

I'm flirting with the idea of installing central ac on my house hack in a suburb of the Buffalo, NY area. After muliples quotes, i am looking at $8500 for both units. It would help renting it out faster and I would be able to increase rent on them in the future. Any thoughts/opinions would be appreciated. 

Post: New real estate investor

Mike PepperdayPosted
  • Rental Property Investor
  • Buffalo, NY
  • Posts 13
  • Votes 4

Hi @Jaylen Jackson! Welcome to BP! I am a local investor in the Buffalo area. I house hacked my first two properties. Feel free to reach out if you have any questions

Post: Buying in Buffalo NY area

Mike PepperdayPosted
  • Rental Property Investor
  • Buffalo, NY
  • Posts 13
  • Votes 4

Vent session here... I am currently house hacking and looking to purchase my second multi family property for a while now...  I have put offers on around 7-8 different properties and have been blown out on every offer. I haven’t been underbidding but most of these offers have been cash deals or the accepting offer has been $15-20k more than asking price. With the going rents in the areas it’s mind boggling to me that these people are making money or breaking even every month. My fiancé and I need a second property to start having financial freedom to start our real estate path to set us up for success but it’s starting to feel like a dead end of how things have been going recently. Or any off market properties that came my way are absolute disasters physically and financially  that doesn’t make sense to invest in. Any advice what to do or keep grinding it out and hopefully one will come our way?

Post: Renting on a busy street in the Buffalo NY area

Mike PepperdayPosted
  • Rental Property Investor
  • Buffalo, NY
  • Posts 13
  • Votes 4

Update: For as much as I really liked the property and it has a lot of potential, I did not put an offer on it. The asking price was WAY to high for the area and for how much work it needed it wasn’t worth it for $200k. Also, someone put in a blind offer for the asking price. Good luck to the person who bought that! No thanks! 

Post: Renting on a busy street in the Buffalo NY area

Mike PepperdayPosted
  • Rental Property Investor
  • Buffalo, NY
  • Posts 13
  • Votes 4

I am debating putting in an offer on a duplex on a busy street. (2 lanes each side of the street). The driveway is double wide and can fit 4 cars each side. Will it be more difficult to rent it out and will the rent have to be lower because it’s on a busy street with no off street parking? Or am I just overthinking this?