HelloI've owned a 2 unit double near Buffalo, NY for about 6 years now.

HelloI own a 2 unit double in Kenmore, NY(Buffalo).

I had my fun, I'm letting this stock go.Recommendation: Sell (take the money and run)Buffalo Wild Wings (BWLD)Purchase Price: 26.23/shareCurrently Trading: 33.51/share (up 29.25%)This company has contined to shine in a rough and competitive restaurant market in the US.

. ($350)One is on social security and is disabled – other pays rent cashiers check ($275)Unit mix 2 x 2 bd/ 1 bth Here are the numbers:Price $26,000 (they will only accept cash) I can come up with about 10k in cash but would have to take a personal loan to cover the restGross Rent: $7,500 (100% occupancy consistently)Expenses –A) $1975 (owners claims with property mgt included)OR –B) $3000 (if I assume a 40% of rents =expenses) NOI:$5,525 (if use A expenses)OR$4.500 (if use B expenses)Even if I was to 100% LTV at a $26K price at approx 7.5% Annual Debt Service would be: $2340So Annual positive Cash Flow would be: $3185 (if expenses A – owner claims) (or $265 a month)OR $2160 (if expenses B – using 40% of gross rents) (or $180 a month)Repairs known (before property inspection) needs new exterior and interior paint (additional $1,500), Roof is approximately 10 years old The money seems small but consistentDuplex Located in Buffalo, New York There have been a lot of foreclosures in that area – some I can tell were investorsOn the plus side, these tenants don’t seem like they are going any where soon.

I am originally from Buffalo, NY but I live in Arlington, TX.

I'm from Buffalo, NY, and prior to moving to the metro DC area I purchased a 2 unit property in Kenmore (suburb of Buffalo).

It's 2 houses in a not that nice neighborhood in Buffalo, N.Y.

Uaually over 120 investors at this meeting. then they have about 8 sub group meeting all around the area from Buffalo Grove to Orland.They are a very nice group.Larry

Buffalo ny, any new yorkers here?

Hey everyone my name is Mike. I have just graduated from RIT in rochester NY. I am looking to get into the real estate rental business. I am looking for some good reading information and advice from people who have be...