All Forum Posts by: Rob D.

Hi! I own a few things in Rochester and have a few connections up there. Let me know how I can help.

JD I have a 4 plex in Rochester and am closing on 2 singles in the next few weeks. The areas you are mentioning like the south wedge are hard to find good deals in. My advice is start in a lower end neighborhood where you can pick up a 30-50k house and manage it to success. You could also find a local management company to manage the property while you hunt. That’s what I do. You need to be careful with Rochester. There’s tons of trash and bad neighborhoods.

Adam, I do quite a bit in Rochester.  Those numbers for the risk involved might be a challenge for Rochester.  I know they are building new High End apartments very close to there for 1400-2500 a month.  My sense is you are a bit high.   I do wish you a lot of luck on this!

Last tome I looked at Millbrook they were ask expensive as stick built in Massachusetts

can't really give you a ton of advice without knowing the town. But in my opinion (and I'm a consumer and not a builder) 

1) don't massively over build for the town, you want to make sure you will appraise and comps will support 

2) in the price point you are going for, have any houses in that town sold for what you think you will ask?

3) consider the type of person will live this in relation to the neighbors. If you are building a million dollar home in a division of 100k ranches, some buyers will be turned off. 

4) don't cheap out on siding. If I were looking at a an expensive house with fancy appliances and good finishes I would expect cement board. Vinyl on higher end home tells me that the builder is being cheap, ran out of money or is trying to screw me. If you cut corners on the siding I'll wonder where else you cut corners. 

Don't cheap out on the first thing a buyer sees. I'd rather have a cheaper stove than cheap siding. You can get consumer stuff that looks like and works better than a Viking 

As for the trees. If this house is truly way better than the surrounding homes seclusion is a positive. Just make sure the trees are away from the house that the buyer has options for solar and satellite dish.  You want sun exposure to the house and expose any nice views from the home. Don't block any mountains etc.

I hope this is helpful as I'm just giving you my opinions based on what I would want if buying a home (I live in a 70s style home) where they are building the 1.5 million mcmansions everywhere they can fit a bulldozer. We are talking 560k for 1/4 acre with a teardown on it.  

Good luck and please post pictures on your journey! 

Try winter hill bank and rockland trust

Charlie please shoot me a connect request. Always looking for an investor focused agent.

@patrick who do you use? I'm nearby.

No requirement for a live number you actually answer but you need to provide them a way to get a hold of you.  I suggest a google voice number that either allows them to leave you a message or screens it before it forwards it to you.  They must have some way to get a hold of you in emergencies.  

Be careful in Rochester. Many areas are horrible and there are tons of 35 k houses that will give you problems. I just walked away from a deal to buy 15 of them for 20k each. They were bad and we're going to be trouble. There's great parts of Rochester but you really must know the area neighborhood by neighborhood. That being said I own a 4 unit there and am doing ok.