All Forum Posts by: Mitch Wegryn

@Mitch hi and welcome to the BP Buffalo community! You should certainly plan on coming to the monthly meet ups, which are the second Wednesday of the month at Pearl Street Grill downtown. It’s a great resource to meet people and get referrals.

What is your current situation regarding homeownership? Are you planning on living in this property or do you already have a primary residence? That will really affect what kind of lending is available to you. Are you looking for a value add opportunity through renovation? If so, do you know contractors and have a network that can help you with that?

I would also highly recommend you educate yourself on New York State tenant/landlord law, especially if you plan on self-managing.

Best of luck on your journey!

I would enjoy a meetup! What time and other information do I need?

I currently don't own a home. I don't plan to live at the property. Thankfully, I currently live with family and don't need to move out anytime soon. For my first property, I would like it to be as move-in ready as possible. (Minor upgrades I could handle) I don't know any contractors at the moment. If anyone could provide contacts in the Buffalo area that would be great!

I do plan to self-manage my first property and eventually get a property manager. I'm the type of person who needs to be hands-on to learn and understand.

0 Votes

Upstate New York, New York

Hello everyone!

I'm located in Erie County. I plan to invest in Erie County outside the City of Buffalo. My goal this year is to establish myself as a multifamily property investor with a 2-4 unit property.

To start my journey, I have been making my first steps by speaking with a realtor and lender. I have read "Rental Property Investing" by Brandon Turner. Recently started listening to the discussions on the BiggerPockets podcast.

While I value the knowledge gained from these sources, I'm eager to expand my understanding further. Are there any other books or resources you recommend for someone in my position?

Thank you for your time!
Mitch

1 Vote

Upstate New York, New York

All Forum Posts by: Mitch Wegryn

Mitch Wegryn has started 1 posts and replied 2 times.

Post: Plan to Invest In Buffalo, New York

Post: Plan to Invest In Buffalo, New York