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REI in Southern Tier NY

5 Replies

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  • Posts 2
  • Votes 0

Adam Monell
New to Real Estate from Corning NY Area

posted 5 months ago

Hey BP folks,

Wondering if anyone is doing things in the Southern Tier NY area. I am brand new to real estate. Considering buy-and-hold rental properties to BRRRR in my neck of the woods and trying to do due diligence. Thanks in advance.

Adam

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  • Posts 232
  • Votes 173

Stephanie Jacobson
Real Estate Agent from Binghamton and Ithaca, NY

replied 5 months ago

Hey Adam! I'm an agent, and I cover Binghamton, Cortland, Ithaca and Watkins Glen. Where is your neck of the woods, exactly? The markets I'm in are extremely active, and there are a ton of great contacts here to connect with!

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  • Posts 100
  • Votes 67

Gary Kline
Attorney from Binghamton, NY

replied 5 months ago

@Adam Monell feel free to reach out

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  • Posts 58
  • Votes 22

Bob Reinhard
Lender from Patterson, NY

replied 5 months ago
Good morning.
I've been lending on flips and buy and holds in the Endwell/Endicott area frequently.
Much success.

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  • Posts 2
  • Votes 0

Adam Monell
New to Real Estate from Corning NY Area

replied 5 months ago

Thank you all for replying. I am about 30 minutes west of Horseheads, NY. With just getting started, I am trying to stay closer to home but I am originally from Owego. If I can be of value to any of you please let me know. I am just trying to connect with folks that are being successful and learning the craft. Thanks again. Adam

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  • Posts 27
  • Votes 33

Amos Mainville
Specialist from Elmira, NY

replied about 2 months ago

Hi Adam,

Local Home Inspector and real estate invetor.

We live in a fantastic area. Whether you focus on Corning or Elmira there is great opportunity.  My wife and I are heavily invested in Elmira while working for Corning as a diversification strategy. The risk with Corning is when C Inc lays off it usually isn't a small cut. Elmira has several manufacturers so tend to be more stable as a job market. The trade off is C Inc pays more so Corning rents are higher.

Always happy to connect and discuss real estate. I love building quality apartments and crawling through local homes. Went through 40 last year searching out our own investments.

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