Over recent years a considerable number of homes have been acquired in Western New York by aliens, particularly Brits. The British have a property owning obsession and it was inevitable that when the exchange rate was 2USD/1GBP, a lot of British investors would be attracted to the advertised net returns on renrtal homes in Buffalo, Rochester and Syracuse in Western New York.
Since the credit crunch the market for distressed properties has grown nationwide with supposedly incredible bargains available particularly in Detroit, Florida and Nevada. The purpose of this blog is to exchange experiences of investors in WNY, to review the services available and to share our ups and downs.
Presumably we could also create an internal market not just of knowledge and experience but also for the exchange of properties.
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Hey, you used to write great, but the last few posts have been kinda boring… come on!window cleaning
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