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Upstate New York Real Estate Forum
HomeForumsUpstate New York Real Estate ForumRochester, NY rental market
Niti Jamdar's profile image
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Niti Jamdar
  • Investor
  • from Philadelphia, PA
  • Member since Feb 1, 2016
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Niti Jamdar's profile image
Niti Jamdar's profile image
Niti Jamdar
  • Investor
  • from Philadelphia, PA
  • Member since Feb 1, 2016
Connect
Niti Jamdar
  • Investor
  • Philadelphia, PA
18
Votes |
37
Posts
Upstate New York Real Estate Forum

Rochester, NY rental market

Niti Jamdar
  • Investor
  • Philadelphia, PA
Posted Feb 1 2016, 16:55

Hi Everyone,

Posting my first question here. I'm looking to invest in a multi-unit rental property. I was comparing various locations and found Rochester, NY strangely appealing on loopnet. It had a very high cap % (20%) for multiple properties. However, some of them were being offered with an added offer to manage them. Am I falling into a scam waiting to happen or is the rental market in Rochester, NY really that attractive?

Thanks in advance for your input!

Upstate New York, New York
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