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Updated about 8 years ago on . Most recent reply

User Stats

24
Posts
7
Votes
Abraham Rahmanizadeh
  • Investor
  • Denver, CO
7
Votes |
24
Posts

Syracuse / Rochester Markets

Abraham Rahmanizadeh
  • Investor
  • Denver, CO
Posted

Hi everyone,

I am looking to start investing in the Syracuse and Rochester areas and I am curious to hear from other investors in the area as to what they think of the market currently? For Syracuse specifically the west side / skunk city area which seems to have decent cash flow opportunities due to low purchase prices and reasonable rents coupled with low property taxes and low insurance.. 

As for Rochester I have the same question with the areas just east of the airport such as 19th ward and the areas north of the airport as well but west of the Gensee river.

Am I missing something? Would love to hear from people with experience in the area. I am planning on driving out to both cities to scope out the areas and better familiarize myself with the different parts of each city later this month / January.

Thanks to everyone in advance! Let me know if I can be of any help to you (have invested in Central / South Florida and currently living in NYC).

Abe

Most Popular Reply

User Stats

37
Posts
7
Votes
Edwin Vela
  • Lender
  • Garden City NY
7
Votes |
37
Posts
Edwin Vela
  • Lender
  • Garden City NY
Replied

Hello Abraham send me a list of the cities you are interested in I will put a package of properties together for you and I will run my investment analysis and if it does make sense I will give you 2 options
1. You can do the deal yourself
2. I'm looking for cash flow if you are close to those areas I will teach you the process and do a 50/50 split on those deals. I'm from Long Island I have a lot of projects here but the prices are getting high.

Feel free to add me and let's set up a time to talk

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