Updated over 11 years ago on . Most recent reply
Buffalo, NY
Hi my name is Bayard,
I am new to real estate investing and would like to buy my first rental property in the Buffalo region. Why Buffalo? I'm looking for cash-flow properties and as a Canadian in the Toronto region cash-flow properties fairly priced are in short supply.
I am looking specifically at 1500 sq. ft. or smaller single family homes below 50k (foreclosed homes). I currently have limited financing options as a Canadian but may be able to get more options if I get some family in the US involved.
Ideally I would like to find a property in Elmwood but North Buffalo and Westside neighbourhoods look attractive. But it is looking like, with my current budget I will have to look more East Side and South Buffalo.
With that all said I am looking to find a team down in Buffalo to help with the process.
Buyer's agent with foreclosure experience
Home inspector
Contractor
Real estate lawyer
Insurance broker
Property Manager
Once I make some connections I am planning to drive down to Buffalo. Is there a Bigger Pockets meetup I could join or any good real estate meetups in Buffalo I should check out? Thanks for taking the time to read this.
Be well,
Bayard P.