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Updated about 11 years ago on . Most recent reply

User Stats

8
Posts
2
Votes
Supreet Singh Sachdeva
  • San Diego, CA
2
Votes |
8
Posts

Rentals in Rochester

Supreet Singh Sachdeva
  • San Diego, CA
Posted

I graduated from RIT 3 months ago and am planning to buy my first rental property in Clifford Ave. I still need to check the demographics and neighborhood in that area? Any advice or suggestion about the neighborhood would be really helpful.

Thanks

Most Popular Reply

User Stats

100
Posts
23
Votes
Eric M.
  • Wholesaler
  • Rochester, NY
23
Votes |
100
Posts
Eric M.
  • Wholesaler
  • Rochester, NY
Replied

Details about the property would certainly help. Clifford Ave isn't the most desirable area to own rentals, but there are a number of landlords who successfully invest there. I think it's beneficial being on Clifford opposed to an off-street since Clifford has heavy traffic which results in less property crime. @Mark Updegraff gave solid advice and I'd reiterate walking the property and scoping out the area to see if it's a good fit to your strategy.

Pros: cheap units and high cap rates

Cons: DSS/Sec 8 tenants likely and crime

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