Looking For Active Investors/Information - Binghamton NY
Hello Binghamton Family,
I am a buy and hold investor in Philadelphia looking to branch out. I recently spent some time in the Finger Lakes and really loved the area. Now I am thinking about investing. Specially, I would like help with my research of Binghamton. I need help understanding the various neighborhoods, which are good for buy/hold, solid tenants, relatively low crime rate. Student rentals vs non-student rentals...stay away from one or keep both on the list? What is the purchase price-rent ratio like. Real estate taxes reasonable or way too high?
My research showed that the West Side (WSNP) might be a good place to start. I understand students like to rent in the area. I like to invest in downtown areas that are revitalizing. I couldn't tell from my research if this is occurring in Binghamton.
Any advice, links, reports, that you can point me to would be greatly appreciated.
Thanks in advance!