Invest in Buffalo property | Discover Buffalo real estate

Buffalo is a stable, quiet city in New York state on the border with Canada. The incredibly low property prices enable astute investors to make what we consider to be the highest rental income of anywhere in a first world country - typically 20% net per annum!

The Axis Property Investment Strategy in Buffalo is...

Maximum Income.

Target Return on Investment

16-22% pa, net rental yield, after all costs

The strategy is designed for investors seeking excellent, reliable income right now, combined with modest growth.

How Is This Achieved?

• We buy distressed property, foreclosures and auction property at bargain prices.
• The property is renovated. and then
• Rented to local people.

Properties in Buffalo purchased by our clients are already refurbished and tenanted and include a rental guarantee for the critical early months!

Our partners in Buffalo have been involved in investment property here for more than 20 years and have an unparalleled network that finds cheap property, refurbishes using their own teams of builders and has a waiting list of tenants!

Property Investment in Buffalo

The story of Buffalo property is clearly illustrated in the table. You'll see that the property crash has bypassed Buffalo with barely a ripple! In fact 2009 has seen increases in prices across all parts of Buffalo, typically around 10% whilst most other places in the US are still fighting the downturn.

Add this to the fact that our US partners have been buying and investing in Buffalo for 20 years and you get an indication of the stability of the market. That's great for investors looking for long term, safe, income.

  Prices for Buffalo property are trending upwards after years with little movement. A typical investment property in Buffalo costs $30,000 (£18,000) fully refurbished and tenanted, so you can see that Buffalo prices have to rise a long way before they get to be 'expensive', or even close to the national average.

Our view is that investors in Buffalo get the best of both worlds -extremely high rental income, combined with long-term reasonable growth.

Read this blog - Robust Rent Continues In Buffalo

About Buffalo

Buffalo is the second largest city in New York state with a population of 300,000, second only to New York city.

With the opening of the Erie Canal in 1825 and its position as a railroad terminus Buffalo became the 8^th largest city in the country with the world's largest plant for making steel.

In the early 20^th Century the St Lawrence seaway re-routed freight traffic bound for the ocean from the Great Lakes, bypassing Buffalo. The city fell into a slow decline. The population fell substantially but this trend has now stabilised.

In the winter Buffalo frequently has snow from December to March, often accentuated by the 'lake effect', but its summers are the sunniest and driest of any city in the NE of the USA.

The median income of $25,000 is around half the average for the US. Buffalo, therefore, has low property prices and many residents have historically rented property - either because they can't or don't want to own a house. This underpins the ongoing demand for property rentals.

Unemployment is falling and many new jobs in the health and educational sectors have been created, 30,000 alone in 2006.

Buffalo is renowned for its architecture - all the major American architects of the 18^th and 19^th Century built masterpieces in Buffalo. 80 sites are listed on the National Register of Historic Places. This includes many properties by Frank Lloyd Wright among others.

Rod Thomas visited Buffalo a short time ago and shot this video to share with you the real story of what's happening with investment in Buffalo.

Watch the Video to Learn More...

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