Rochester Investment. Any room for the little guy?

[Ahren Henby]

In Rochester, the focus seems to be revitalization of downtown, UofR, and NOTA. But with all three of those focuses you also will hear the same names running the game. Is there any room for the "small-time", "newbie" investor? Or is it just getting to the point where the big guns are going to wipe out the young blood before they even have a chance to get their feet wet? Of course, there is always a needed product to fit every demographic, but it also seems like these big guns are over saturating themselves in the market which could effect things on a larger scale. I love Rochester, and am excited to see what is next for this amazing city, but also curious/worried about where the "small-time" investor fits in the equation. Would love to hear what everyone else thinks..

[Mark W.]

Absolutely.  There is a ton of property in Rochester to go around.  The "big time" investors can't buy it all.  And what might work for me might not work for the other guy.  And vice versa.

Everybody starts somewhere.  You can land your first property with a low first time homebuyer down payment so I believe the barrier to entry is low.  After that, capital does become an issue.  There are a number of solutions to that problem.  Live frugally and save, take on a partner, start up a side business, work full time and pour your investing income back into your business.