Commercial Real Estate in Buffalo New York offers a wide variety of opportunities for Investors.
The City of Niagara Falls is one of 40 communities in the United States that is eligible to share in Federal tax incentives to stimulate job growth and promote economic development. The current Niagara Falls Renewal Community consists of census tracts 202, 204, 205 206, 209 and certain areas of CT 211 based on the 2000 census data. [Continue]
Is this a good investment property? I hear that many times. Think about it. How many times have you seen a run down vacant property in Western New York and thought that would be a good investment? But if you never have invested before how does one know? Let's talk about that Good Investment. How much profit you should allow whether you [Continue]
There are many types of commercial leases: gross lease, net lease, percentage lease, ground lease, index lease and graduated lease. A gross lease is very simple. The tenant pays a set amount of rent and no other expenses associated with the property. The landlord pays all taxes, insurance and any other expenses of the property. [Continue]
Risk vs. Reward Real estate investment is an appealing way to invest today, but it does not come without Risk. We understand that managing your Real Estate portfolio there are many things that you must take into consideration when making an important decision. You do not have to be an experienced Investor to know that [Continue]
Savvy investors use hard money to their great advantage. Let’s look at a Western New York example of Hard Money lending. The Seneca Casino paid an offshore investor for the $100,000,000 needed to build their first casino in Niagara Falls. It is rumored at 23+%, short term. Bad move? No-it was brilliant! The Casino in [Continue]
When you have a losing deal don't blame anyone but yourself. Ways to make money in Western New York commercial real estate: cash flow, appreciation, equity growth, and tax benefits. If you are not making money, recognize that it is not working and get of that situation and get into a situation that will make you money. Commercial Real Estate [Continue]
Tonight we say good bye to 2009 and there has been a lot of exciting things in Real Estate nation-wide with the tax credit, incredible interest rates and the foreclosure crisis. Let’s look at some of the Real Estate stories of 2009 that happened in Western New York: Shutting down the Statler As the last [Continue]
Tough Times Ahead for Commercial Investors Commercial real estate won’t recover until late 2011 or 2012, according to a survey commissioned by PricewaterhouseCoopers. The survey asked more than 100 real estate investors when they believe the industry will improve. The predominate sentiment in the industry was cautious—even negative. Overall, [Continue]
Residents of Buffalo are in a position to profit from the current state of the Western New York Real Estate market if they know what they are doing. That means that the savvy Buffalo Investor needs to be well educated as to what the good deals are. Warren Buffett Leads the way We all know [Continue]
A 2008 study found that Buffalo had the third-highest housing vacancy rate in the nation and it appears that those numbers could climb higher. Over 3,000 Buffalo homeowners and 437 Buffalo business owners will see their Buffalo properties placed on the auction block if they fail to pay back taxes and fees in the coming [Continue]
Sunnyvale California Internet search engine giant Yahoo Inc. is looking to establish a data center in Western New York. Governor Paterson's office confirms that they are talking with Yahoo executives and trying to convince them to do business in this part of the state. [Continue]
The address, which came in at just over 46 minutes, began with a detailed reminiscence of Niagara County's nearly-completed bicentennial events, and then swiftly shifted gears to focus heavily on the county's economy in a period of national and statewide economic uncertainty. Laying out a blueprint for maintaining fiscal stability and expanding [Continue]
Commercial Building with great frontage on Niagara Falls Blvd. Was most recently a Beauty Shop, but would make a nice office for small business. Terms enough to tempt shrewdest buyer! Handicap accessible with ADA compliant bathroom. New driveway in 2007. High traffic area Town of Wheatfield. Listed for $94,800. Share var linkwithin_site_id = [Continue]
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