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Five articles that will interest WNY Investors

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I have lost my normal writing pattern with Real Estate taking a considerable amount of extra time, and some wonderful distractions with a busy early spring season and community activities.To get back into the groove, I tour the internet and other writers for ideas and inspiration.  Sometimes I write posts on topics that I read, and sometimes it is nice to just share what I have read. Here are some of the things that I have been reading that might just interest WNY Investors:

6 Lessons the Olympics Can Teach Boomers
This is inspirational.I have been enjoying the Olympics and Rosemary Lichtman has some great advice in this post.Enjoy!

Real Estate Investment – Gross Rent Multiplier Formula

David Podgursky wrote a very insightful post about the Gross Rent Multiplier.This is an important aspect of a decision if a property is a good investment or not.

Income Property and Buying Right in a Downturn
I am asked if this is a good time to purchase real estate, which if you buy right it is always a great time to purchase real estate.It is a good read.

Purchase a VA Foreclosure
A VA foreclosure is typically perfect for investing in real estate and those wanting to purchase a home at less than its market value. The Veteran’s Administration uses Ocwen Loan Servicing to manage and market their properties.  Here is a link directly to the relevant section of their website – Ocwen Loan Servicing.

Self Directed Real Estate IRA

I have written about using self directed IRA’s in the past.It is a method for a coming up with a down payment for your real estate investment.There are very specific rules that come into play, and you should speak with your accountant or tax advisor before using your self-directed IRA for a down payment.

Thinking of selling your Erie County home? Interested in finding out the current market value of your single family home, condo or investment property? Then call www.BestBuffaloHomes.com at (716) 650-0051 to discuss what is happening in today’s Western New York Real Estate Market. We would be happy to give you a personalized Comparative Market Analysis for your home or assist you to purchase a home. View additional WNY Market Area Statistics here.

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