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Updated about 11 years ago on . Most recent reply

User Stats

37
Posts
22
Votes
Shawn Pennington
  • Flipper/Rehabber
  • Nashville, TN
22
Votes |
37
Posts

Owning rentals in Buffalo/WNY

Shawn Pennington
  • Flipper/Rehabber
  • Nashville, TN
Posted
Was curious if anyone had any insight into owning rental props in the Buffalo/WNY area? I'm a transplant here and all the properties I own are out of state (FL, TN, & OH) I would love nothing more than to continue building my portfolio here close to home...but real estate/school taxes are so insanely high here....I just don't see how anyone does it and make it worth the investment? One guy I know here owns a six-plex, his family has had it for years...said the only reason it works for him is because he owns it free-n-clear Thoughts?

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