Skip to content
Local Real Estate Networking

User Stats

26
Posts
7
Votes
Dominic Daoust
  • Rental Property Investor
  • San Diego, CA
7
Votes |
26
Posts

Niagara Falls Investing

Dominic Daoust
  • Rental Property Investor
  • San Diego, CA
Posted Jul 16 2019, 12:20

I’m a budding real estate investor interested in Investing in the local Niagara Falls area, also in the Hamburg and surrounding areas. I was wondering if there is anyone in the area currently investing, and if there are any tips from anyone in the area, I’d love to hear what they’ve got.

User Stats

2,256
Posts
877
Votes
Hai Loc
  • Specialist
  • Toronto, Ontario
877
Votes |
2,256
Posts
Hai Loc
  • Specialist
  • Toronto, Ontario
Replied Sep 5 2019, 12:04

Niagara Falls and Hamburg New York are 2 different worlds. The taxes in Hamburg are pretty high which one year of tax can buy a beat up house in Niagara Falls lol..

I have a multi family outside of Hamburg and people pay and on time.. Love it.. Stay away from Niagara Falls especially if you are thousands of miles away

User Stats

2
Posts
1
Votes
Louis Racette
  • Investor
  • Niagara Falls Ontario, Canada
1
Votes |
2
Posts
Louis Racette
  • Investor
  • Niagara Falls Ontario, Canada
Replied Oct 4 2019, 16:29

First: you should be more specific as to which Niagara Falls you are referring to: New York or Ontario Canada

Second: To recommend that Investors should stay away from Niagara Falls (NY or ON) or anywhere else is indicative of poor analysis and not conducive to investing in income properties by doing proper due diligence on tenants and selecting better areas. I'm sure some neighbourhoods in Hamburg NY are more challenging than others. You are generalizing on the values of people in a specific city and that my friend is not helpful and/or reliable information. 

BiggerPockets logo
BiggerPockets
|
Sponsored
Find an investor-friendly agent in your market TODAY Get matched with our network of trusted, local, investor friendly agents in under 2 minutes

User Stats

2,256
Posts
877
Votes
Hai Loc
  • Specialist
  • Toronto, Ontario
877
Votes |
2,256
Posts
Hai Loc
  • Specialist
  • Toronto, Ontario
Replied Oct 5 2019, 17:13
Originally posted by @Louis Racette:

First: you should be more specific as to which Niagara Falls you are referring to: New York or Ontario Canada

Second: To recommend that Investors should stay away from Niagara Falls (NY or ON) or anywhere else is indicative of poor analysis and not conducive to investing in income properties by doing proper due diligence on tenants and selecting better areas. I'm sure some neighbourhoods in Hamburg NY are more challenging than others. You are generalizing on the values of people in a specific city and that my friend is not helpful and/or reliable information. 

 Niagara Falls NY or Ontario?  Its clearly New York.. we mentioned Hamburg shortly after..

Welcome to BP  you have been very helpful with you first and thanks for just attacking what I said. If you would look at more than half of my many posts I provide hours of informative content. Information you will definitely learn and appreciate. This guy is from San Diego and instead of wasting more time on a detailed post I just made it short and simple. Why don't you elaborate on good areas in Niagara Falls NY or Ontario? Oh right your a realtor in Niagara Falls ON defending your farm area and is trying to make a name for yourself on BP..   Terrible start