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Updated 8 months ago on . Most recent reply

Fulati Paerhati's profile image
Fulati Paerhati's profile image
Fulati Paerhati
  • Member since Nov 29, 2021

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Fulati Paerhati's profile image
Fulati Paerhati's profile image
Fulati Paerhati
  • Member since Nov 29, 2021
Fulati Paerhati
11
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5
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General Real Estate Investing

What is the good location to buy a rental property for 250k cash ?

Fulati Paerhati
Posted

I am selling one property and planning to do a 1031 exchange. I will have about 200k-250k cash from it. Any good area so you recommend for buying a rental property ?

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    Mark Updegraff's profile image
    Mark Updegraff's profile image
    Mark Updegraff
    • Investor
    • from Rochester, New York
    • Member since Feb 4, 2010

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    Mark Updegraff's profile image
    Mark Updegraff's profile image
    Mark Updegraff
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    • from Rochester, New York
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    Mark Updegraff
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    • Rochester, NY
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    Mark Updegraff
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    Replied

    Rochester NY has a plethora of options under 250k.  I helped an investor get into a 3 bed 2 bath , 3 bed 2 bath duplex for 105k - each side is leased for 1250.  Newer architectural roof, vinyl siding, and newer hvac.  Tenant pays all utils except water.  Talk about CASH FLOW!!  

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