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‘Real Estate Investors’ Articles

Investing in Real Estate is very popular in Western New York and we are seeing an influx of investors. Find out information regarding Investing in Real Estate in Western New York.

Observations of For Sale By Owner

This is a story from my days of selling Real Estate in Florida … Dangers of Working with a For Sale By Owner!!!! I had a conversation with an owner of a For Sale By Owner recently that shocked me. Like most For Sale By Owner (FSBO) homes, they are overpriced. Not a big surprise — [Continue]

144 Roland Ave Lackawanna NY 14218

144 Roland Ave Lackawanna NY 14218

$ 239,900 Enlarge photos 144 Roland Ave Lackawanna, NY 14218 ML#B369906 County: Erie School: Lackawanna Est. Taxes: $12,348.00 9 Unit(s) Built in 1890 10163 sq. feet Property Features Other Interior Features Other exterior features Vinyl Full Basement Stone/Gravel Driveway Corner Lot Near Bus Line Lot Size: 40×100 Road Frontage: 40 Cross [Continue]

Adventures on the MLS — and not the fun kind either!

Adventures on the MLS — and not the fun kind either!

In the Real Estate Industry we have this tool called the MLS.  The MLS stands for Multiple Listing Service.   All members of the Buffalo Niagara Association of Realtors have access to this tool.   We hope that each member takes time to review their listings to ensure that they are complete and full of information — [Continue]

Are We There Yet? Holiday Travel Tips for WNY Parents…

It is the holiday season and car trips (and plane trips too) and tis the season of traveling with antsy children. It doesn’t matter if you are just going twenty minutes or spending several hours heading to Rochester or Elmira traveling with kids can be stressful. It seems that "Are we there yet?" has been issued already more times than your [Continue]

So you want to purchase a Florida vacation home and rent it out.

Congratulations! This is an excellent way to have a vacation home, build equity for the future and set yourself up for major stress. Yes I said major stress. It is not all glitz and glamour!  Trust me, it isn’t as easy at it sounds. Owning a Florida vacation rental property is not something to be [Continue]

Do you know about the Commercial Revitaliation Deduction?

Do you know about the Commercial Revitaliation Deduction?

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 time to purchase a home in WNY?

Is this a good time to purchase a home in WNY?

“What separates the winners from the losers is how a person reacts to each new twist of fate.” Donald Trump Real Estate is an interesting business.   David Podgursky made an excellent point about the cost of not buying a home and his advice was: “If you’re buying a home – buy a house you LOVE. [Continue]

Five Biggest Real Estate Myths

Five Biggest Real Estate Myths

The Today Show recently featured Barbara Corcoran discussing the Five Biggest Real Estate Myths.   This is something that I think both Buyers and Sellers need to watch. I am always asked “Is this a good time to sell?” or “Should I purchase a home in WNY now?”   Those are loaded questions folks.   You cannot answer [Continue]

How to make glass sparkle before your home showing

How to make glass sparkle before your home showing

I am a big fan of Martha Stewart. She always has a tip or two that I can use for my home. But some of the best house cleaning tips and tricks don’t come from her. One of the best tips I have ever gotten about house keeping chore — Came from Ace Hardware on [Continue]

Market Conditions Vary. Good Advice Doesn’t.

Reading online you become friendly with Real Estate Professionals all over the country.  Awhile ago, I read a post on Positive Real Estate Professionals entitled “Fear Factor – What’s your Role?” and in it he had this great commercial that I am sharing below.  It is for an investment firm, but the thoughts are the [Continue]

I have a question regarding my rights as a renter…

In the state of New York there are very specific guidelines for Landlords that both protect the Tenants rights and theirs. Everything is clearly laid out to make it easy to understand who does what and what will happen in the event that someone fails to live up to their part of the agreement. To answer many of your questions you can visit the NY [Continue]

How to have a successful WNY Real Estate Flip

There was a time when you could purchase any home, do minor painting and turn it around 30 days later making a heafty profit. In case you hadn't noticed, those days are over. Does that mean that you cannot make a profit in Real Estate investment? Not necessarily, but it means that you will need to make informed decisions that make sound financial [Continue]

Is this a good investment property?

Is this a good investment property?

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]

Investing with no money down — the Realities

Investing with no money down — the Realities

If it were easy-everyone would be investing in Real Estate All over the Internet there are people telling you that you don’t need money to invest in real estate.   “No Money Down” or “purchase investment property for $10,000 and have a cash flow of $700/month” are common promises.   I hate to do this, but I [Continue]

Types of Commercial Leases

Types of Commercial Leases

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]

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