Real Estate Investment is a Business
Being a successful Real Estate investor in WNY (or anywhere for that matter) takes a lot of hard work. You cannot achieve it by just showing up, with little money or effort.
I got a call from a potential WNY investor the other day from Texas. They heard from a friend of a friend that they could make buckets of money investing in rental property in the city of Buffalo by the college. They wanted to purchase a $10,000 home that nets them $500 a month after expenses. They wanted me to provide them detailed analysis on all the homes available. I get calls all the time from people with hopes of making lots of money with little effort or financial investment on their part.
I am reminded of a recent post over on Seth Godin's Blog, one that he gave permission to reprint freely. I think it is important reminder for those Investors that think that they can make a quick buck easily:
Read the rest of the article at: If it seems too good to be true....