The Investor’s Game

This will be an ongoing series of articles when it comes to investing in Real Estate. When we’re talking about investing, it may not be for everyone. There are methods that as an investor, you have to consider being in this business is to make a profit and provide a service to the community.  Based on past experiences we can become attached to properties and we may tend to overdo renovations to appeal to potential clients.  You want to invest as much and as little as possible to make a clean safer habitable environment for tenants.  The old adage of buying low and selling high is the name of game when it comes to investing.  So let’s get to it……

 

  1. Find the Areas you want to invest in. You want to be in a comfort zone where you can generate positive cash flow. That means a location within a reasonable driving distance.
  2. Drive the neighborhoods to understand what the negative or positive attributes are; this will help when it’s time to market the property for rent.
  3. Now comes the easy part, finding your property.  This is the subcategory of methods.
  • Check public records for any tax liens or lies pendence for properties in the area.
  • Run a local online classified ad advertising that you want to buy properties in your areas of choice.
  • There is a possibility there are other “FOR RENT” or “FOR SALE by OWNER” signs on houses in your target area.  Always contact them to ask if they’re willing to sell their house(s) at a reasonable price.
  • Read the obituaries in your target location(s). There might be an estate sale for a house that must be sold.
  • And always check with a local REALTOR who KNOWS the Area and how to find a property that may in your price range.
  • Use your secret weapon in your target location(s). Get out and talk to neightbors. I found they know all about your investment areas and will tell you all the goods you need to know.

 

 

To be Continued…….

Buffalo NY: The Emerging Real Estate Avenue For Investors!

Buffalo, the second most populous city in the New York state, has emerged as one of the most viable investment opportunities for the investors out there. As per the current trend, the Buffalo real-estate market is doing pretty good and is all set to provide excellent buying and selling opportunities for people across the world. Talking about the current listing price of the homes ready for sale in Buffalo NY market, the price stands on an average at $167,530. On the other hand, the listing price in the Eric county stands at $203,604. The total number of properties ready for Buffalo wholesale and Buffalo commercial purposes in the region is around 485. In terms of the median cost, the listing price is rated at approximately $109,900. 

 

The current statistics about the Buffalo investment as listed by the New York estate information ranks the region as an excellent investment avenue for the Buffalo investors. With the median listing price being $321,500 and the total listed properties 102,003, Buffalo wholesaling is experiencing a massive boom. When comparing the per square foot cost in the region with that of the last year, the price stands at a rise of 5.6% touching the mark of $57. Moreover, the sale price of the property (median value) has gone up by 7.7% ($5500).

 

If you are looking out for efficient Buffalo rehab, Buffalo short-sale, and Buffalo rental services, then do contact us. Being the prime home rehabbers and home buyers in the region, we believe in helping our clients in the best way possible. We provide you with the best deals in the region as per the criteria enlisted by you. Ranging from Buffalo reo, Buffalo foreclosure, and Buffalo financing services, you can contact us for all. We can not only help you own your dream home, but also make you achieve your dream within your financial limits.

 

With the real estate business in the region experiencing an expansion and rise like never before, it is the right time to strike the chord. Contact us today to do away the fear of rehabbing and improving your home. Our real estate experts are completely dedicated to our clients and treat customer satisfaction at utmost priority. No matter what your requirements are in the Buffalo real estate market, we are there to help you out. Consult us today for getting the valuable assistance in the field of Buffalo rehabbing.

 

DJD Homes & Designs

716-240-0729