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Old 17-03-2008, 02:56 AM
***rnmagus ***rnmagus is offline
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Join Date: Aug 2007
Posts: 6
Default rochester

I bought a property through the Brennan's in Rochester.
I was due to buy another in Buffalo but it fell through because there was a charge on the title and the seller didn't clear it. As long as you have a decent attorney these things are spotted in advance as oppose to the horror stories.
The house in Rochester cost me a bit to refurb. I had a short term tenant who left after 2 months. I now have a reliable tenant who looks likely to be long term.
Gross yield is around 29%.
If you are planning on buying over there I would suggest a degree of patience. It took 6 months from completion to find a decent tenant.
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