Rental Investments in Jamestown NY

[Chris Sullivan]

New to investing and am currently in the process of learning and analyzing deals and I am finding several properties in the price range I am looking for ($45K-$75K) in Jamestown NY that cash flow well according to my calculations using the BP calculator. My concern is that Jamestown NY has a high crime rate (1 out of 27 chance of being a victim of violent or property crime), a declining population (current population 28,900and declining at a rate of -.071% annually) and 16% vacancy rates. So I like the prices of the properties and the fact that it seems as if they will cash flow, these other factors concern me. 

I am interested to see of others are having success in this market?

Thank you 

[Annie Johnson]

We invest near Jamestown. My husband grew up in Gerry, NY, and knows what areas to avoid and the areas that are desirable to live in. Message me. Id love to talk more :-)