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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...

500 Blue Chip Jobs for Buffalo

Photo: Social media breakout session by Dell's Official Flickr Page Buffalo's downtown revival continued as IBM was confirmed as an anchor tenant for the new proposed hi-tec hub in downtown Buffalo, bringing an estimated 500 new high skilled jobs to the city. This comes after recent unemployment figures plunged to a 6 year low of 5.8%, well below the national average. Read more here... All...

New Era for ‘2nd Tier’ cities

One result of the boom in our tier one cities is that they’ve quickly become victims of their own success. From New York to San Francsico, to London, the dream for many young people compared to their reality of living in such cities has become exactly that – nothing more that a distant dream. Want to buy or rent a one bedroom flat in central London? Earning less than $100,000 a year? Forget about...
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