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All Forum Posts by: James Pham

James Pham has started 1 posts and replied 1 times.

General Landlording & Rental Properties

Post: Investment Property in Rochester

James PhamPosted
  • San Jose, CA
  • Posts 1
  • Votes 0

I was wondering if anyone has experience in rental properties in the 19th Ward, Beechwood, or Edgerton in Rochester? I was planning to buy a property in one of those area, but I've gotten mixed advice - some say that the returns are not real due to higher vacancy rates, high maintenance expenses, and problems.

Is Trulia a good indication of where a reasonable neighborhood is to buy? If you buy in one of their orange areas, is that a bad idea? What about the green areas that are surrounded by orange/red areas?

Another area that I was looking at was the Greece neighborhood. What is the typical turn-over rate and how long does it take to rent there?

Thank you for any advice!

0 Votes