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Updated 3 months ago on . Most recent reply

Roberto Kattan's profile image
Roberto Kattan's profile image
Roberto Kattan
  • Involved In Real Estate
  • from Washington, District of Columbia
  • Member since Apr 29, 2015
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Roberto Kattan's profile image
Roberto Kattan's profile image
Roberto Kattan
  • Involved In Real Estate
  • from Washington, District of Columbia
  • Member since Apr 29, 2015
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Roberto Kattan
  • Involved In Real Estate
  • Washington, DC
5
Votes |
4
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General Real Estate Investing

Buying investment property in Rochester NY

Roberto Kattan
  • Involved In Real Estate
  • Washington, DC
Posted

I am currently living in Manhattan but was recently up in Rochester for a day looking at investment property. The purchase price vs rental income is very healthy (assuming occupancy and collections are there). I have read mixed reviews on investing in this market due to pro tenant system, high vacancy and very slow price appreciation. Any advice?

Upstate New York, New York
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Tim Corey's profile image
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Tim Corey
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Tim Corey
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Tim Corey
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Tim Corey
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Hey Robert, I invest in Rochester. Currently have 4 units and Uber contract for three more. What area were you looking in? like most cities, there's going to be a huge difference between neighborhoods and suburbs vs city properties. 
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