# Two Apartments - Parkside Region **URL:** \ **Category:** Classifieds\ **Created:** [March 25, 2016, 9:35pm UTC](https://forums.speedlife.net/t/two-apartments-parkside-region/273734 "2016-03-25T21:35:16Z")\ **Posts on this page:** 3\ **Page:** 2
**Author:** ![Josh](https://avatars.discourse-cdn.com/v4/letter/j/45deac/32.png) [@Josh](https://forums.speedlife.net/u/Josh)\ **Post date:** [March 31, 2016, 12:50pm UTC](https://forums.speedlife.net/t/two-apartments-parkside-region/273734/21 "2016-03-31T12:50:41Z")
> [@91MR2](#): > > While important to be “aware” of what people might do, be careful to not always assume the worst in them - especially when they are paying upwards of $1,000+/month in rent… > > I will say this with caution, as bad tenants come in all shapes and sizes…however, “typically” when people are paying those kinds of rents, you get tenants that are more aware and respectful of their environment…they are paying a “premium” rent at will, so odds are they are not going to jack the heat up and then laugh like a Bond villain in the background… > > Again, this is not always the case, but has been my experience over the last few years of getting into this business… > > Edit: Also, Josh, keep us posted on the progress here - for fellow landlords on the site, this helps give a better understanding of the current market rates… I agree. That’s why I paid a bit of a premium for the nicer property. Nothing in life is a guarantee, but you can sure as hell hedge your bets. As a pulse check on rental market, we have an extreme level of interest on the $1,000/mo 2BR and a moderate amount of interest on the $1,200/mo 2BR. The $850/mo 1BR was rented before we published it via referral. We have over a half dozen showings in the upcoming days when combining both apartments and a 2nd showing in a couple of hours to a tenant who will likely end up taking one of the two today. I’d say that I might be a little lean on the $1,000/mo 2BR pricing but there’s no off-street included and the apartment is significantly less nice than the 2nd floor 2BR, although still nicer than most rentals in Buffalo. We just closed on this property less than 3 weeks ago so I am looking to get occupancy ASAP. Next time I get tenant turnover I will probably spruce up the 1st and 3rd floor apartments and raise rents accordingly if the market stays strong. ---
**Author:** ![91MR2](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/91mr2/32/7217_2.png) [@91MR2](https://forums.speedlife.net/u/91MR2)\ **Post date:** [March 31, 2016, 1:16pm UTC](https://forums.speedlife.net/t/two-apartments-parkside-region/273734/22 "2016-03-31T13:16:01Z")
Good info. Josh, thanks a lot. I too have a few 2 BR apartments N. Buffalo. They are off Delaware, and all vary in rent between 800-900 per month. They are all very nice apartments. I thought for a while there I was right in the wheelhouse, maybe even on the higher end of rents for the area - but the rents have risen at a rate faster than I have ever seen. Some of the current tenants are coming due for renewal this summer, and if they renew, I will likely keep them at their current rates (they are all great tenants). However, if they leave, this may be my opportunity to reset again with the new market rate… ---
**Author:** ![rugsr](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/rugsr/32/7474_2.png) [@rugsr](https://forums.speedlife.net/u/rugsr)\ **Post date:** [April 1, 2016, 4:42am UTC](https://forums.speedlife.net/t/two-apartments-parkside-region/273734/23 "2016-04-01T04:42:16Z")
> [@91MR2](#): > > My guess is they weren’t paying over a grand a month for a 2 BR…nor did they seem to give a shit about waste of any kind… The only thing they didnt want to waste was beer lol [Previous page](https://forums.speedlife.net/t/two-apartments-parkside-region/273734.md?page=1)