Updated almost 9 years ago on . Most recent reply
Rochester duplex investment
I have been trying to find good markets for cash flow. The cap rates I see on Rochester duplexes look to be 20% plus. Please tel me why I shouldn't invest in some of these inexpensive properties. I am looking for a price range from 50k-200k. Most likely around 60k though. Anyone invested there? I realize there will be hardly any appreciation but I am okay with that.