The Fearless Future

Podcast
Abstract background image with a podcast microphone
March 29, 2024
minute read

Why We Invest in Upstate New York

In this episode, your hosts, Glen and Amber, delve deep into the reasons behind their investment choices in Upstate New York.

Key Points Discussed:

The unique qualities of Upstate New York, including its stable economy, strong employment sectors like state workers, medical facilities, and educational institutions.

The appeal of investing in a region that's sheltered from economic downturns, making it a consistent and reliable area for real estate investment.

Insights into the aging population and the influx of people moving away from New York City, creating investment opportunities in the real estate market.

The evolution of the real estate market in the region, along with strategies for flipping houses and targeting first-time homebuyers.

The low competition in the area, making it an ideal place for investors to thrive without the pressure of competing with large hedge funds.

Tips and advice for local investment, emphasizing the importance of knowing your area and utilizing that knowledge for successful real estate ventures.

📅 Upcoming Event: Don't miss our upcoming live home flipping workshop in Schenectady from April 12th to 14th!

This three-day event, priced at just $97, will cover comprehensive strategies and insights into flipping and holding properties, along with guest speakers on various real estate investment topics.

Get your tickets at: https://HomeFlippingWorkshop.com  (Use promo code READY)

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Transcript

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Links and Resources

  • Crushing It in Apartments and Commercial Real Estate by Brian H. Murray
  • The Real Estate Wholesaling Bible by Than Merrill
  • Investing in Apartment Buildings by Matthew A. Martinez
  • Real Estate Finance and Investment Course by Urban Land Institute

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