Schenectady NY Real Estate, Time to Invest?
By Kevin Clancy, Real Estate Broker - Albany New York
(Http://www.clancyrealestate.com)
I have to admit it I have never been a fan of investing in Schenectady Real Estate. The taxes are high, properties are not maintained,and it seems like the city is charging landlords for more and more services. Add to this what I call a population of many "professional tenants" that move from landlord to landlord sticking them for months of unpaid rent. I always have investors that see Internet listings in Schenectady they want me to show them. We check them out and after we put our boots on the ground and my buyers realize the "bargain" is a dump, we end up back in Albany.That said I have had the opportunity the last couple of months to spend a lot of time in Schenectady. Time at the City Mission, time touring the GE power generations system facility, time at Super power. I also ...
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