The internet has made buying auction homes in New York super convenient. I mean, who doesn’t love shopping for investment properties in their pajamas? But, bidding on houses from the comfort of your own home isn’t all fuzzy slippers and hot cocoa. It’s a tough gig. To find auction homes in Rochester, NY, you not
The streets of New York have a reputation for being tough. You have to be aware of your surroundings and keep your valuables close or you’ll end up being mugged like a tourist. The same holds true when investing in New York real estate. It takes a bit of grit and strategy to stay competitive.
The windy, sunny, and tree-lined streets of Syracuse are a pleasant place to start your real estate investing business, especially if operating investment properties is your forte. Between the market's low-priced homes, an ample supply of renters every year, and a bustling local economy, Syracuse is a great location—assuming you know how to work with
Would you be willing to sign over a cut of your company's future profits in exchange for a small chunk of money today? For most real estate investors, the answer to this question is a resounding "no", but it is a tantalizing proposition if you’re just starting your career. Hard money loans are a foundational
Here's a lesson I wish I had known when I first started flipping properties in New York: If you want to be a big-time real estate investor in Buffalo, you'll need to understand how to find and utilize the best hard money lenders first. And to do that, you should consider taking out debt to
Since the NY foreclosure moratorium has been in effect, numerous inexperienced investors in my network have been concerned about their ability to find deals on distressed properties. While it’s true that the foreclosure market in NY has slowed in the past year, 2022 is likely to see a return to normalcy. That’s bad news for
As a NY-based real estate investor, distressed properties are my bread and butter. I don’t waste my time trying to compete with big investment firms in the high-end Manhattan market. Instead, I look for undervalued homes that I can fix and flip for a profit without inflating the selling price. Since I’ve got a reputation
Changes to the market's condition mean there's an opportunity to profit, assuming that I understand what's going on and am willing to act on it. Yes, I think that there's an opportunity for investors even amidst the struggling, strife, and economic weirdness of the coronavirus pandemic. And yes, there's soon going to be another significant
For me, investing in the New York City property market is a bit like raising a child. The market always seems to be growing quicker than you realize, you need to invest hundreds of thousands of dollars in it before you see any kind of return, and it demands constant attention. As the father of
I invest in real estate all over New York, but I hold a special place in my heart for my hometown of Rochester. Though I live in Buffalo now, I recently started mentoring a young investor in Rochester, which means I’ve gotten to spend a lot more time in my favorite city. I was grabbing
