All Forum Posts by: Tom Sylvester

Call the signs you see that say "We Buy Houses" and ask what they are looking for, and then bring it to them.

I don't know if I would want to risk $10,000 of my own money on something like that. I am sure there are other ways you can "enter the market".

I am signed up for it and will be attending a training next weekend. My cousin and I went to the free training, and signed up for the $495 3 day course. Since he signed up for it and can bring a guest, it basically costs us $250/piece. Although I have not been to the training yet, I am excited. I have listened to 9/12 audio cds and read through the book. I believe the knowledge I have already learned and the changes to my way of thinking make it worth it. Even if it was just to open my eyes to the world of real estate.

Like some others have said, even if this helps you get 1 extra deal, it will more than pay for itself. I will drop in a review after I attend the training.

Is there certain times of the year which are better for rehabbing? What I mean is, once you have the rehab done and are looking to sell it, is it easier in say the summer compared to the winter to sell that property?

Welcome. I am also from Rochester, and am just getting started into real estate investing. I am also interested in networking, so send me a pm and we can talk some more.

-Tom

Thanks for the welcome guys.

I grew up about an hour south of Rochester. I moved out here a little over a year ago after college, and like I said just bought a house a few months ago.

Although I am new to real estate, I would agree with that comment about Rochester. We rented for a year in near downtown, and now that we own a house, my mortgage payment (minus taxes) is less than my rent payment. The apartment I was in was a 2 bedroom, 1 bath, 1 kitchen, 1 living room place. My house is a 3 bedroom, house with a large fenced in back yard, finished basement with workshop, 2 car garage, all hardwood floors. So it seems that people will pay a lot for rent around here.

I think certain parts of Rochester will have some decent appreciation, but nothing like some of the other places in the US. My goal is to pick up a multi-unit building and rent it out within the next few years, and then try to keep adding to it as I do. But I have a lot to learn before I do that.

Hey guys. I'm a 23 year old software developer from Rochester, NY. I just purchased my first home a few months ago, and would like to start investing in real estate within the next few years. This looks like a great site for information, so I feel like I will hang around for a while.