Updated almost 9 years ago on . Most recent reply
Any NYC investors invest in Rochester suburbs and upstate NY?
Hi guys. I am interested in investing upstate NY possibly Rochester area. Is there anyone on here investing upstate from NYC? I did speak with some great people on here regarding some strategies in the city, but I think I may change my plans to investing upstate. As a newbie investor it is much easier to get started in my opinion for my first property that is in the 100-200k range. Do you guys use property management or just take the 5 hour drive? Any other areas closer that offer similar returns? Thanks!
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I'm a huge advocate of Rochester and I would reach out to any of us to further expound upon the benefits of investing here. But I wouldn't overlook the Albany area either like @Steve B. says. Check out Troy, NY. It's been getting better every year and there is a large PHD student and post doc pool of customers to draw from considering RPI in town.