Buffalo, new

6 Replies

new to this site, very excited and intrigued by all the options and resources BP brings to the game. I've been a landlord for about 5 years and a carpenter and general work diyer for same amount of time. Currently purchasing my home for me and my new family( fiancé and 5 mo. old baby). As soon as it closes I am looking to flip a property and invest in more multi unit properties. I do all my own work and know many people who can do what I cannot, which isn't much.

Very excited to read more people's success stories and make more business connections!

Congrats on the new purchase and welcome to BP! 

If flipping is going to be a strategy for you, I don't care how DYI you are, I would highly recommend not flipping the property yourself. Looking at a time standpoint alone, you will be much more financially successful (usually) if you hire a team of professionals to come in, get it done right, make it look good, and be done in 30-60 days. Not only will hard money eat away at your profits but if you can flip 2 houses in the amount of time it takes to do 1 then your already off to a much better start.

Good luck!

If you haven't already you should check out some local real estate investor meet ups in Buffalo.  Great place to meet other investors/landlords and make some new connections.  Should message @Michael Sherwood to add you to the email list for the next Western New York REI meetup.

@Steven LeRoy

Welcome to Bigger Pockets. BP is full of resources. You will find resources here from blogs to pod casts and forums. You can also send messages to members. This is one of my favorite features of Bigger Pockets especially for asking specific questions.

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!

  • Actionable advice for getting started,
  • Discover the 10 Most Lucrative Real Estate Niches,
  • Learn how to get started with or without money,
  • Explore Real-Life Strategies for Building Wealth,
  • And a LOT more.

We hate spam just as much as you