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Updated about 7 years ago,

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Michael Plante
  • Deland, FL
1,874
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Rochester really that much better

Michael Plante
  • Deland, FL
Posted

for owning rentals than the most of the rest of the country?

 Bought my first rental property in upstate New York 35 years ago.   Thought getting 3% rent on purchase price was normal

Did some flips and rentals in NC and now in FL.  

Have had my real estate license in all three states 

Am back in ROchester a few months a year

  Out of curiosity looked at some rentals available in Rochester in the cap rates destroy what I see most people buying here on bigger pockets in other areas of the country 

 I feel I really must be missing something or is it actually possible to buy units 25 grand each and on a quadruplex net 19 grand a year in B neighborhoods?

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