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All Forum Posts by: Martin Grizzanti

Martin Grizzanti has started 31 posts and replied 472 times.

Post: Buying cash in Connecticut for BRRRR $60k max

Martin GrizzantiPosted
  • Investor
  • Rochester, NY
  • Posts 499
  • Votes 169

@Scott Starrett  I honestly believe we are some what of a hidden gem here in Rochester.  If you have any questions feel free to dm. 

Post: Buying cash in Connecticut for BRRRR $60k max

Martin GrizzantiPosted
  • Investor
  • Rochester, NY
  • Posts 499
  • Votes 169

I am biased but Rochester, NY has been ideal for the type of investing I wanted to do.

I wanted to have 15-20% cash on cash returns.  This is extremely difficult in other areas of the NorthEast.  This is a deal I am working on selling currently

https://docs.google.com/spreadsheets/d/1P5JKa8k-OjJDKv7cgUNai7Q7uz9VIpfi_thU73dpxkk/edit#gid=1098723612

Post: Commercial Real estate market in Buffalo or Rochester

Martin GrizzantiPosted
  • Investor
  • Rochester, NY
  • Posts 499
  • Votes 169

@Aqil Dharamsey There are four units.  Two are one bedroom apartments. One is a studio.  There is a commercial unit as well.  Gross Rents are $2,500 a month.  

Post: Commercial Real estate market in Buffalo or Rochester

Martin GrizzantiPosted
  • Investor
  • Rochester, NY
  • Posts 499
  • Votes 169

Hello Brian!

Here is something in Rochester, NY that you may find interesting.  Price is negotiable.

https://docs.google.com/spreadsheets/d/1P5JKa8k-Oj...

Post: Need multi family rental investment agent

Martin GrizzantiPosted
  • Investor
  • Rochester, NY
  • Posts 499
  • Votes 169

I would recommend Amber Cohick at Keller Williams.  This is a deal we just did together

https://docs.google.com/spreadsheets/d/1bryfmkgUyF...

You can PM for more information.

Post: Investing in Rochester, NY Buy and Hold Difficulties

Martin GrizzantiPosted
  • Investor
  • Rochester, NY
  • Posts 499
  • Votes 169

Here is an example of one I recently purchased.

https://docs.google.com/spreadsheets/d/1bryfmkgUyFQWZ3QJyCrOQQlc4_sXpVj8YBECCO_dH0Q/edit#gid=1478436848

Post: Investing in Rochester, NY Buy and Hold Difficulties

Martin GrizzantiPosted
  • Investor
  • Rochester, NY
  • Posts 499
  • Votes 169

Depending on what you are looking for I would look into the City.   If you are looking for cash flow I would consider the city of Rochester. You can purchase a property for 40-50k that makes $900 a month.  It is a lot more risky, but if you can find the right tenants, it can be a game changer. 

Post: Looking to buy in Rochester, NY

Martin GrizzantiPosted
  • Investor
  • Rochester, NY
  • Posts 499
  • Votes 169

Dave,

Welcome to BP! 

Post: New Member From Cary NC

Martin GrizzantiPosted
  • Investor
  • Rochester, NY
  • Posts 499
  • Votes 169

Welcome!  Rochester, Ny is a great place for Cash flow.

Post: Hi From Montclair, NJ

Martin GrizzantiPosted
  • Investor
  • Rochester, NY
  • Posts 499
  • Votes 169

Welcome to BP!