I'm originally from Buffalo, NY, and all my family is out there.

IQmodular (sp) is a Modular build company here in Buffalo. 

I work primarily in Buffalo and Rochester, and I am seeing the market slow down since the beginning of July.

I agree with you but for different reasons.Engines of economic growth —> population growth and high density —> more liberal people.But alsoEngines of economic growth —> higher returns.AndAlso population growth —> higher returnsI consider the government policies to be at best secondary.Just look at the Midwest where outsourcing led to and population decline led to stagnant or decreasing housing prices in cities like Rochester, Buffalo, Cleveland and Detroit despite all those cities being decidedly blue.

Hello BP,  I have been in this mental loop and hoping for some advice, I am 19 years young and am currently in a partnership on 2 commercial properties located in Buffalo NY.

I understand the capital region, the Adirondack region, and Western New York (Rochester and Buffalo) have their strengths and weaknesses, but I'm going to focus on this central part of the state.Binghamton is my favorite investment market for a few reasons, but it's not for everyone.STRENGTHS-  low prices-  blue collar overall, meaning lots of resources for contractors-  growing university, consistently growing rents-  I expect to see an actual 10% cap rate here, higher if the property needs work-  compared to downstate, permitting, evictions, etc. are simple and quick-  no code compliance inspections required on existing multifamiliesWEAKNESSES-  no. natural. appreciation.

I am a self-managing investor in Buffalo and frequently mentor newbies or out of area investors.

I'm particularly passionate about Buffalo, NY and Springfield, MA to begin with, but open to other markets.Excited to learn and connect with you all!

I'm from Buffalo, NY ( GO BILLS).

We are out of Buffalo/Rochester area and understand the inner workings of upstate markets.