# WNY Real Estate **URL:** \ **Category:** NYSpeed Off Topic\ **Created:** [December 10, 2021, 5:52am UTC](https://forums.speedlife.net/t/wny-real-estate/1414147 "2021-12-10T05:52:50Z")\ **Posts on this page:** 20\ **Page:** 23
**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\ **Post date:** [December 5, 2023, 12:23pm UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/441 "2023-12-05T12:23:00Z")
![20231205_072229](https://canada1.discourse-cdn.com/flex034/uploads/speedlife/original/3X/b/c/bceebf5430788053a7ff3e3d79b8b155c6dd0225.jpeg) ---
**Author:** ![ubengineering](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ubengineering/32/5171_2.png) [@ubengineering](https://forums.speedlife.net/u/ubengineering)\ **Post date:** [December 7, 2023, 2:31pm UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/442 "2023-12-07T14:31:46Z")
Just got back from vacay. I setup two appointments but realtor couldn’t make them work, last I knew it was still available, and I kind of lost interest. ---
**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\ **Post date:** [December 11, 2023, 1:09am UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/443 "2023-12-11T01:09:22Z")
$3m semi anyone? > **[This $3 million Toronto home is perfect if you want to become a landlord](https://www.blogto.com/real-estate-toronto/2023/12/8-first-avenue-toronto/)** > > If you've ever dreamed of being a landlord, 8 First Ave. is the golden ticket to turn that dream into a lucrative reality. > This fully renovated Edw... ---
**Author:** ![ubengineering](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ubengineering/32/5171_2.png) [@ubengineering](https://forums.speedlife.net/u/ubengineering)\ **Post date:** [December 11, 2023, 1:24pm UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/444 "2023-12-11T13:24:03Z")
Inside’s super nice. At some point the bottom’s going to fall out and people who bought these homes for millions are going to be underwater. How long would they have to rent that place out for before making their money back? Happened to my Uncle in 2008 in Phoenix. Bought 5 homes to rent out, underwater on all of them in early 2009, ended up declaring bankruptcy. ---
**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\ **Post date:** [December 11, 2023, 2:44pm UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/445 "2023-12-11T14:44:20Z")
> [@bing](#): > > $3m semi anyone? Awesome property, not for that price. ---
**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\ **Post date:** [December 11, 2023, 3:32pm UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/446 "2023-12-11T15:32:41Z")
> [@ubengineering](#): > > Happened to my Uncle in 2008 in Phoenix. Bought 5 homes to rent out, underwater on all of them in early 2009, ended up declaring bankruptcy. i know a guy that bought 2 down there at the crash. rents one and vacations in the other. both are worth triple now. hoping to catch something like that in FL, TX, NV if there ever really is a crash. they CAN just keep printing money and having PE firms buy up inventory to keep prices up though… i guess we’ll just have to wait and see. ---
**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\ **Post date:** [December 13, 2023, 2:49pm UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/447 "2023-12-13T14:49:48Z")
[https://twitter.com/rohindhar/status/1734667193525440871?t=XJB-egEWe2X0xAR4CBPouA&s=19](https://twitter.com/rohindhar/status/1734667193525440871?t=XJB-egEWe2X0xAR4CBPouA&s=19) ---
**Author:** ![ultradriver10000](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ultradriver10000/32/7397_2.png) [@ultradriver10000](https://forums.speedlife.net/u/ultradriver10000)\ **Post date:** [December 15, 2023, 1:55pm UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/448 "2023-12-15T13:55:50Z")
good ---
**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\ **Post date:** [January 4, 2024, 6:06am UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/449 "2024-01-04T06:06:10Z")
i dont know what it was before but its down to $250k and now pending… what is wrong with this thing? [https://www.realtor.com/realestateandhomes-detail/794-Potomac-Ave\_Buffalo\_NY\_14209\_M90645-99492?from=srp-map-list](https://www.realtor.com/realestateandhomes-detail/794-Potomac-Ave_Buffalo_NY_14209_M90645-99492?from=srp-map-list) ---
**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\ **Post date:** [January 4, 2024, 11:28am UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/450 "2024-01-04T11:28:44Z")
Maybe years of the previous owner dumping oil into a hole in the ground? I’m speculating, I don’t actually know. ---
**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\ **Post date:** [January 4, 2024, 12:25pm UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/451 "2024-01-04T12:25:57Z")
Yeah, my guess is needing major rehab and probably decontamination combined with being a “Buffalo Local Landmark” (which makes everything you do subject to approval of the preservation board) makes it super unappealing to 99% of buyers. See #105 > **[List of City of Buffalo landmarks and historic districts](https://en.wikipedia.org/wiki/List_of_City_of_Buffalo_landmarks_and_historic_districts)** > > The City of Buffalo designates landmarks and historic districts to recognize and protect places of local, state, and national significance. > The NYS General Municipal Law § 119-AA enables local governmental programs for the preservation, restoration, and maintenance of the historical, architectural, archaeological, and cultural environment, and was adopted to promote a "spirit of stewardship and trusteeship for future generations." > The City of Buffalo has designated 148 local landmarks and 18 ... ---
**Author:** ![drvnkd](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/drvnkd/32/109615_2.png) [@drvnkd](https://forums.speedlife.net/u/drvnkd)\ **Post date:** [January 4, 2024, 1:15pm UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/452 "2024-01-04T13:15:39Z")
That place must be rough inside if the only pictures show that it has electricity and heat. At least the current owner pays next to nothing for taxes. ![image](https://canada1.discourse-cdn.com/flex034/uploads/speedlife/original/3X/3/c/3c1010eca4cb6178b4a2275ba624f177bbd7a3f6.png) ---
**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\ **Post date:** [January 4, 2024, 3:48pm UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/453 "2024-01-04T15:48:00Z")
if that thing goes for like $200k and gets rehabbed it will be regrettable we didnt buy it… i’m in for 50%… GOI!!! ---
**Author:** ![ubengineering](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ubengineering/32/5171_2.png) [@ubengineering](https://forums.speedlife.net/u/ubengineering)\ **Post date:** [January 4, 2024, 5:33pm UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/454 "2024-01-04T17:33:36Z")
The realtor called me\* about it yesterday, said an offer was accepted. I drove by there. It was a fucking shit hole. ---
**Author:** ![1QIKZ](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/1qikz/32/6112_2.png) [@1QIKZ](https://forums.speedlife.net/u/1QIKZ)\ **Post date:** [January 4, 2024, 10:22pm UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/455 "2024-01-04T22:22:39Z")
> [@ubengineering](#): > > The realtor called my about it yesterday, said an offer was accepted. > > I drove by there. It was a fucking shit hole. Offer to tear it down? ---
**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\ **Post date:** [January 6, 2024, 1:01pm UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/456 "2024-01-06T13:01:13Z")
Zillow thinks we’re in for a strong year. 📈 > Buffalo has the highest number of jobs per new housing unit among all 50 of the cities Zillow measured, the company noted. With more jobs, competition for housing is expected to heat up and drive home prices upward, Zillow said, unless enough new homes are built to meet that demand. > **[The hottest real-estate market of 2024 will be this snowy Northeastern city,...](https://www.marketwatch.com/story/the-hottest-real-estate-market-of-2024-will-be-this-snowy-northeastern-city-zillow-says-f0ae6a64)** > > "Although our temperatures are cold, our market is not," one local real-estate broker says. [https://zillow.mediaroom.com/2024-01-04-Buffalo-charges-to-the-top-of-Zillows-2024-hottest-markets-list?mod=article\_inline](https://zillow.mediaroom.com/2024-01-04-Buffalo-charges-to-the-top-of-Zillows-2024-hottest-markets-list?mod=article_inline) ---
**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\ **Post date:** [January 6, 2024, 5:53pm UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/457 "2024-01-06T17:53:31Z")
i’ve sent you some listings that i think are interesting deals for doubles. i cant manage tenants over there though. ---
**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\ **Post date:** [January 9, 2024, 12:31pm UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/458 "2024-01-09T12:31:34Z")
I’ve been reading about “walking debt” or “walking a mortgage” since rates have gone up. I mean, it sounds like a life hack but I don’t have any experience with this. Anyone else have input? [https://twitter.com/CaseyMericle/status/1744685205443551717?t=1pbfJFrQVUpAZzQy8\_3OMQ&s=19](https://twitter.com/CaseyMericle/status/1744685205443551717?t=1pbfJFrQVUpAZzQy8_3OMQ&s=19) ---
**Author:** ![BigRon](https://avatars.discourse-cdn.com/v4/letter/b/58956e/32.png) [@BigRon](https://forums.speedlife.net/u/BigRon)\ **Post date:** [February 5, 2024, 10:23pm UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/459 "2024-02-05T22:23:45Z")
This one is around the corner from me and I was waiting to see what they listed it for: sold for $380k a year ago, listed for $1.9M I was told it had foundation issues and needed everything redone. > **[31325 Lahser Rd, Beverly Hills, MI 48025 | MLS #20240005704 | Zillow](https://www.zillow.com/homedetails/31325-Lahser-Rd-Beverly-Hills-MI-48025/24587579_zpid/)** > > This 5182 square feet Single Family home has 5 bedrooms and 5 bathrooms. It is located at 31325 Lahser Rd, Beverly Hills, MI. ---
**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\ **Post date:** [February 6, 2024, 4:26pm UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/460 "2024-02-06T16:26:15Z")
> [@BigRon](#): > > around the corner from me "_So you want this marble for your kitchen counter?"_ _“No, my kitchen walls”_ [Previous page](https://forums.speedlife.net/t/wny-real-estate/1414147.md?page=22) [Next page](https://forums.speedlife.net/t/wny-real-estate/1414147.md?page=24)