All Forum Posts by: Preston Garcia
Preston Garcia has started 0 posts and replied 130 times.
Post: Looking for Reliable general contractor in Rochester, NY (Investor-Friendly)
- Real Estate Agent
- Rochester, NY
- Posts 139
- Votes 26
Hi, I do! Feel free to message me.
Post: New out of state investor looking to invest in Buffalo, NY or Rochester, NY
- Real Estate Agent
- Rochester, NY
- Posts 139
- Votes 26
Hi Nancy,
I am an investor friendly agent in Rochester. I do service Buffalo as well!
Talk Soon,
Preston
Post: Completing a BRRRR in C or D neighborhoods
- Real Estate Agent
- Rochester, NY
- Posts 139
- Votes 26
Quote from @Jody Lee:
Quote from @Aqil Dharamsey:
@Salvatore Amato I am in Rochester and have done several BRRR and it works! Yes the banks won't appraise it to the limit you desire but the cash flow will is amazing and after holding it for over 2 years and having some rental revenue on it, the banks will tend to lend against it.
It’s challenging to do rehabs in this market/neighborhood because of break-ins, reliable contractors, and tougher city inspectors, but with proper vision and goal this can be managed.
Good luck and keep pushing. Start small and test the waters.
Hi Jody, I do!
Post: Completing a BRRRR in C or D neighborhoods
- Real Estate Agent
- Rochester, NY
- Posts 139
- Votes 26
@Salvatore Amato Hey Sal, I hope all is well! I tried to text you the other day (maybe I got the wrong number). Feel free to reach out and we can discuss more in depth🤙🏼
Post: Yay or nay Boston Edison, Dexter Lynwood & Russell Woods?
- Real Estate Agent
- Rochester, NY
- Posts 139
- Votes 26
Quote from @Zachary Hudelson:
@Preston Garcia Hi thanks for your reply.. both my places are in the 19th ward & I have a few good friends there that have shown me what areas are good and bad, I ultimately am turned off by the taxes I paying for NY which effects the viability to seek more deals there. Any feedback would be greatly appreciated
That’s good that you have friends in the area to tell you what places they’d avoid. Taxes definitely are an issue to make some deals make sense. However, there are still deals out there that cash flows even with higher taxes. Also, it’s good to network with realtors and investors in the area, as we sometimes have off-market deals.
Post: Yay or nay Boston Edison, Dexter Lynwood & Russell Woods?
- Real Estate Agent
- Rochester, NY
- Posts 139
- Votes 26
Hey Zach,
I’m an investor friendly agent in Rochester, NY. If you need a team in place or any other assistance over here, let me know!
Post: General Contractor for BRRRR in Rochester NY
- Real Estate Agent
- Rochester, NY
- Posts 139
- Votes 26
Hey, I do, but he’s out of town for a couple more days!
Post: First out of state deal
- Real Estate Agent
- Rochester, NY
- Posts 139
- Votes 26
Hey Kyle, thank you for your service! If you’re looking in Rochester, I can definitely help you out. If you’re looking in Syracuse, I can get you in touch with an agent that I’m close with over there and is crushing it!
Post: Investing in a property without an inspection
- Real Estate Agent
- Rochester, NY
- Posts 139
- Votes 26
@Eliyahou Gronstein I do
Post: Investing in a property without an inspection
- Real Estate Agent
- Rochester, NY
- Posts 139
- Votes 26
If you plan on having a contractor or property manager, you can have them walkthrough the property and get their insight. They might charge, but it would be a way around an inspection. Obviously it won't be super detailed as one, but as close as it can get.