Syracuse or Rochester, NY

[Sanjai Dayal]

Just wanted to get your thoughts about investing in Single Family Homes in these areas. I am looking to purchase my first property and these locations caught my attention since prices for homes can be relatively low in some areas. I will also be living in Canada so I would like to start with US markets which are relatively nearby. I am looking for SFHs which are around 50K or less. 

[Nick Rutkowski]

Syracuse is an overall stable market, houses in Syracuse have little appreciation compared to houses in other cities. Granted, there are pockets in the city where houses appreciate higher than others but they're generally in the historic Sedgewick area or newer houses in the suburbs. If you're thinking about heading down the SFH route, I'd look into the suburbs of Syracuse. Try Baldwinsville, Cicero, Liverpool, North Syracuse.

I know Syracuse like the back of my hand, if you need some help send me a PM. I'd be glad to help.