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Updated about 8 years ago on . Most recent reply

User Stats

22
Posts
5
Votes
Michael Charles
  • New York, NY
5
Votes |
22
Posts

Any NYC investors invest in Rochester suburbs and upstate NY?

Michael Charles
  • New York, NY
Posted

Hi guys. I am interested in investing upstate NY possibly Rochester area. Is there anyone on here investing upstate from NYC? I did speak with some great people on here regarding some strategies in the city, but I think I may change my  plans to investing upstate. As a newbie investor it is much easier to get started in my opinion for my first property that is in the 100-200k range. Do you guys use property management or just take the 5 hour drive? Any other areas closer that offer similar returns? Thanks!

Most Popular Reply

User Stats

395
Posts
332
Votes
Matthew Drouin
  • Developer
  • Rochester, NY
332
Votes |
395
Posts
Matthew Drouin
  • Developer
  • Rochester, NY
Replied

I'm a huge advocate of Rochester and I would reach out to any of us to further expound upon the benefits of investing here.  But I wouldn't overlook the Albany area either like @Steve B. says.  Check out Troy, NY.  It's been getting better every year and there is a large PHD student and post doc pool of customers to draw from considering RPI in town.

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