Investing in Rochester NY - Can you really make money and cash flow?
By Mike Liess
(Coldwell Banker Custom Realty)
As a Realtor here in Rochester I get weekly calls from investors all over the world, asking can you really cash flow properties in Rochester NY. Most investors think it is too good to be true. The answer to this questions is YES, you can really cash flow and make $ here in Rochester. That being said be careful!!! Any investor/ Realtor can find properties for $5,000 - $20,000 here in Rochester. But what are you really buying?? Are real estate values really that low? Yes they can be but you can also find single family homes and multi family homes here in Rochester for over $200,000 and even over $300,000. So again it doesn't take long to figure out what types of housing your looking at. I must be careful because as a licensed real estate person I can not steer people in and out of specifi...
Comments
0