All Forum Posts by: Khaled Morad

A blank check made out to me... jk. Nothing. Just yourself. I like to bring a notepad because I learn so much every time I go. There are people who haven't bought a single house to investors with 500 units.

Ouch, those Tonawanda taxes! I grew up in Tonawanda. It's a great place to live. Best of luck! When you are ready to disclose, I'd be interested in learning where it is.

Check out our meet up every 3rd Wednesday of the month at Sako Brewpub on Pearl St. You can search for Buffalo Meet up and it will pop up. 

And nice to meet you! I am another Buffalo investor, preparing my third duplex for renting right now. Always open to a conversation and sharing resources. And it seems I'm always looking for a good plumber and handyman/contractor. Know any?

I recommend giving Sentry South in Cheektowaga a call. They’ve installed two furnaces for me and done repairs. They’re great-especially Jim. https://sentrysouthheatingandc...

Vicky, unfortunately I cannot help you with an accountant, but can you share the reason you set up your duplexes in a C-corp? What's the advantages?

I do not have as many as you, but I did ask my accountant about transferring ownership to a holding LLC for each property. He advised me that good property insurance and an umbrella policy should be sufficient protection.

I live in Buffalo and use Geico for auto insurance. I don’t use them for my properties for the same reason you’ve encountered “no central heating” (I have radiant heat but no radiator in my bedroom). Try State Farm. That’s who I use. Flexible with decent rates. I’ve tried a few brokers. No one came close. 

Message me for more details if you’d like. 

@Michael Kotas I messaged you. I can help with some insight in the area!

I have the same experience as Jim above. Soon as I place an ad, I receive a ton of responses. However, I've only had to place a few ads, as my screening process has led to good long term tenants.

Buffalo, including the east side, is seeing a lot of growth. This thread was from 3 years ago. And I bet you some of those areas they are thinking of have brand new developments and or completely renovated homes in them.

DM about that double!

Zachary, I'd be interested in discussing this more with you. I'm also in Buffalo. DM me.