All Forum Posts by: April Five
April Five has started 1 posts and replied 5 times.
Post: Need guidance to invest in Buffalo - NY
- Richmond Hill, Ontatio
- Posts 6
- Votes 1
Hello Justin, thank you very much for your response
WOW - yes that would be awesome - thank you for the offering
My contact information is included on my profile, please feel free to text me and/or call me
We are planning a trip to Buffalo next Friday, maybe we have the chance to meet for coffee then,
Kindest Regards and thank you again !
Marc
Post: Need guidance to invest in Buffalo - NY
- Richmond Hill, Ontatio
- Posts 6
- Votes 1
Quote from @Matthew Irish-Jones:
@April Five like Oz mentioned there are high and low risk areas. The low risk areas provide lower returns but less delinquency and more appreciation.
There are also very high cash on cash returns that come with more risk in C and D class areas. I usually suggest people get a low risk first investment, learn the market, learn the process, and take on more complex investments as they learn.
Great portfolios are balanced between nice low risk properties, some cash flow properties, etc…
Thank you Irish Jones, appreicate your perspective and advice.
Marc & Adrian
Post: Need guidance to invest in Buffalo - NY
- Richmond Hill, Ontatio
- Posts 6
- Votes 1
Quote from @Oz Radiano:
Hey,
I invest in Buffalo for the past couple of years. I’ve seen good and bad areas, but it’s all relative to your price point and target returns.
Please share more details and I can help further.
Welcome to Buffalo!
If possible, we would like to jump in a quick call -whenever convenient for you- to chat with you.
We will be traveling to Buffalo on April 22nd for three days and we are in the planning stage of our trip so every tip and piece of advice helps tremendously.
Looking forward to your response.
Best Regards, Marc & Adrian
Post: Need guidance to invest in Buffalo - NY
- Richmond Hill, Ontatio
- Posts 6
- Votes 1
Quote from @Wale Lawal:
@April Five Welcome to BiggerPockets you are definitely in the right place. I am not in the Buffalo area, but I would still like to share my knowledge.
I would advise you to interview investor agents and find one that best meets your criteria. Investor- Agents have a better understanding of profitable locations and help you understand numbers. They also have connections to contractors, lenders, and many other people that can help reach your goals.
If you're looking for an investor agent I would recommend using the "Find an Agent" tool at the top of BP. It will allow you to select an area that you are interested in and will show you different agents in that area along with their BP account.
Hopefully this helps!
Dear Wale Awal, thank you very much for your detailed repsonse. THat is a good idea and starting point.
Kindest Regards, Marc & Adrian
Post: Need guidance to invest in Buffalo - NY
- Richmond Hill, Ontatio
- Posts 6
- Votes 1
Hello everyone, we are very thankful for bigger pockets to provide this forum.
We are two Canadians interested to explore the Buffalo NY duplex and fourplex real estate market.
However, we do not know the City and are worried to make a huge mistake on our first venture to invest in USA.
We would highly appreciate all of the guidance, insights, and advice that other experience investors can provide us regarding better neighborhoods to invest in and what places to avoid.
Thank you all in advance for your support and assistance!
Kindest Regards, Marc & Adrian