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All Forum Posts by: Preston Garcia

Preston Garcia has started 0 posts and replied 118 times.

Post: Where to invest upstate (and New York state logistics)

Preston Garcia
Posted
  • Real Estate Agent
  • Rochester, NY
  • Posts 127
  • Votes 21

It’s very cheap to apply for it, but really depends on how picky the inspectors want to be. It’s definitely not a reason to not invest over here, but just something to keep in mind. I see a lot of properties have the C of O’s transferable too, which is nice!

Post: Where to invest upstate (and New York state logistics)

Preston Garcia
Posted
  • Real Estate Agent
  • Rochester, NY
  • Posts 127
  • Votes 21

Hey, I don't know about the other markets, but you can find several good deals in that price point in Rochester. I work with a few contractors and property managers as well. One crucial thing you need to know is that every property needs a C of O (Certificate Of Occupancy). It is the city's way to say that the property is livable and can legally rented out. Sometimes it is a little hassle to get them, as they can be nit picky on what work needs to be done. That is probably the biggest thing. I would like to connect and discuss more and see if we can help each other!

Post: Investing in Rochester NY

Preston Garcia
Posted
  • Real Estate Agent
  • Rochester, NY
  • Posts 127
  • Votes 21

I’m an investor friendly agent in the area, so I could answer your questions about it. Feel free to reach out.

Post: Investor-Friendly Agent while not living in the area

Preston Garcia
Posted
  • Real Estate Agent
  • Rochester, NY
  • Posts 127
  • Votes 21

Hey man, I’d love to discuss more about this, as I’m a friendly investor agent in the Rochester area! Feel free to reach out to me.

Post: Rochester NY market read for (Duplex/SFR) OOS investing?

Preston Garcia
Posted
  • Real Estate Agent
  • Rochester, NY
  • Posts 127
  • Votes 21

Hey Shweta, all of my clients are out of state and some are looking for the same thing as you. I'd love to connect with you and talk more about it!

Post: In need of contractor quotes..

Preston Garcia
Posted
  • Real Estate Agent
  • Rochester, NY
  • Posts 127
  • Votes 21

Josh Cresswell 585-953-8524

Jeremy Pannoni- 585-474-1560

Post: Experience investing in upstate NY

Preston Garcia
Posted
  • Real Estate Agent
  • Rochester, NY
  • Posts 127
  • Votes 21

Hey, I’m an agent in the Rochester area and all of my clients are investors. I’d chat with you sometime and talk more!

Post: Newbie to Multi-family Investing

Preston Garcia
Posted
  • Real Estate Agent
  • Rochester, NY
  • Posts 127
  • Votes 21

Hey, you can find plenty of turn key properties on the MLS. That's why I find all of the deals for my clients. Financing strategy wise, most people go the mortgage route, some do cash, and a minority use seller financing. I lot of clients want to go the seller financing route, but most sellers don't want to hold a mortgage. The most popular strategy over here is Buy and Hold. There are some investors that use the BRRRR strategy and some even fix and flip.

Post: owner/ creative financing

Preston Garcia
Posted
  • Real Estate Agent
  • Rochester, NY
  • Posts 127
  • Votes 21

Yes I am, sorry I overlooked that. We have Rochester and Farmington right over here too!

Post: owner/ creative financing

Preston Garcia
Posted
  • Real Estate Agent
  • Rochester, NY
  • Posts 127
  • Votes 21

Hey, send me a private message, I’m a realtor over here so I’d love to help.