All Forum Posts by: Aqil Dharamsey

hello all. I have purchased several deals where the house was just a shell and had to rehab everything from plumbing to electrical to roof , etc. it's a massive headache and extremely time consuming. Not to mention the permits and the city inspectors putting their two cents in everytime they drove by. Because of low inventory of 4 and larger units, rehabs unfortunately is the only way to go. I wish you good luck, in the end cash flow is king... Atleast in Rochester.  

I have been investing here for the last 10+years and have been very happy with the results. The cap rate generally is between 14-17% cap rate.  Prices are not bad compared to Brooklyn lol. 

Good luck and reach out if you want some additional help

weekends works best for me. Weekdays are just to hectic