Author: Alan Findlay

Buffalo medical campus aims to generate small business growth and add to surrounding neighborhoods

While its always good to see job creation and economic growth, the plans highlighted by William L. Joyce, chairman of the Medical Campus, and Matthew K. Enstice, its president and CEO, in the dig co-working space in the Thomas R. Beecher Jr. Innovation Center showed promise for local jobseekers in the surrounding city neighbourhoods. Situated just north of Downtown Buffalo, the moves are likely...

Real Estate Tips – Getting Finance and Reducing Money Down for USA Investments

One of the biggest issues for foreigners buying in the US is the difficulty in obtaining good lending on properties. Even a small amount of gearing can improve returns dramatically, and reduce the amount of money needed for the purchase. Sadly though, in USA right now, often the only options are buying cash, or taking ‘hard money’ lending which can have high interest rates (10-15% at time of writing)...

How Affordable is Buffalo in 2015?

Why is Buffalo attractive to investors? One of the key reasons for us buying in Buffalo is its affordability. While the city has moved from no.1 in USA to no.3, in this variable, according to Forbes, this isn't necessarily a bad thing. It means that demand for housing is rising higher than supply, which is always good for landlords. It means that investors have taken notice of the city and put...

Why are Toronto House Prices 10 times that of Nearby Buffalo?

I stumbled across this article in the Buffalo News earlier this year. Fort Erie, Ontario is a fifteen-minute walk to Buffalo, New York, separated only by a border crossing and the Niagara River. Taxes have always been higher on the Canadian side, unemployment 7% against Buffalo at just over 5%, and its economy, according to its own development corporation continues to stall while Buffalo grows. So...

Alan Answers a Few Money Related Questions from H. Kuroiwa from Tokyo

Q - I’m unlikely to have time to visit Buffalo in the next couple of years, so I wont be able to open a bank account (I understand that's one of the few things I need to be there for physically, even if I have an LLC) What happens to my income? A – You have a few choices here. The most common scenario is where the investor will simply get the property manager to build up the income in your account...

2015 in Buffalo

It's felt like a quick 2014 here in Buffalo, but all in all it's been the best year since I moved here. Momentum is gathering and in certain areas, house prices are rising fast (Overall, Buffalo prices rose 16 percent since May 31, 2006 – highest among the nation’s 100 largest metro areas, according to research by Clear Capital) The biggest risers have all been the more upmarket city districts,...

Buffalo Diversifies

While it’s no longer news that Buffalo has long turned the corner economically, the construction of the iconic SolarCity RiverBend site comes at the perfect time to bolster confidence and deny the dwindling band of naysayers on the city. Buffalo News - A Historic Day for Buffalo The psychological benefit for the city is one thing, but more importantly, its likely to further diversify the growing...
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