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click on a property image to enlarge
property details
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New York State-
Rochester
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Reference |
Rochester BTL |
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Price (British Pound) |
From: 16583 To: 83250 |
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Type |
bedroom(s)
bathroom(s) |
| Garden: | Private |
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| Parking: | Yes |
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| Close To Amenities: | Yes |
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| Schools: | Yes |
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| Town: | Yes |
’buy to let’ tenanted houses – Rochester, New York State
Prices from just $24,900 with rental yields from 18.5% to 20.9% NET PA and yearly returns of 30.17% to 42.53% predicted when combined with capital growth over a 5 year period - government backed HUD tenants and private tenants – all properties refurbished and pre tenanted – properties managed by experienced US companies
To see details of individual properties currently available please follow the links at the bottom of this page
• Fully renovated properties
• Full service property management
• Move-in/Move-out coordination
• Full Lease Enforcement
• Timely Rent Collections
• Timely Disbursement of Monies
• Full tenant screening process
• Document Preparation
Rochester
What draws people to want to make Rochester NY their home? Besides the low-cost housing this area offers a wealth of arts & culture, superb educational institutions, and plenty of four-season recreational opportunities.
For the investor, Rochester offers an extremely competitive proposition in a most popular rental area, Rochester is ranked 2nd fastest growing market in the USA (Source CNN) and the median cost of a single-family home in Rochester accelerated 6.3 percent last year.
Investing in US Properties:
1. USA Investment Properties, why now?
As is well documented the USA housing market underwent a period of drastic deflation between 2007 to 2010 and is only just beginning to recover, homes are presently available for sale at just 50-75% of their true (not 2006 peak) value offering a great opportunity for cash investors. Rents have not decreased proportionate to the falling prices creating the ideal scenario for Landlords seeking healthy cash flow: low purchase price plus high rent equals high cash returns.
2. How do I profit from this investment and what is the expected time period of return?
There are now five ways to profit from these investment properties, the recommended ‘hold time’ is 3 to 7 years and resale assistance will be available when the investor is ready to liquidate their investment.
A). Below Market Prices – All properties are priced with instant equity of from 5% to 10% and as such investors walk into a property with immediate capital growth.
B). The low Dollar (US) equals increased purchasing power – The U.S. dollar is near the lowest point it has been at in a couple of years and this creates an immediate additional profit margin of 10-15% depending on the strength of your home currency.
C). Rental Income – All properties cash flow with high NET returns, NET yields are calculated with major expenses factored: Property Taxes, Property Insurance, Property Management Fees, and Home Owner’s Association Fees (Community Fees), if any.
D). Future Rise in Rental Rates – As the population in the local area continues to grow and mortgage financing remains restrictive to local home buyers rental demand increases in a market where new homes are not being built (builders cannot compete with current market prices). As long as lending remains tight, rents will increase.
E). Capital Return – On the contrary, when financing does become readily available for home buyers property values will increase thereby creating an profit margin property values that will drastically surpass any decrease in the rental market.
4. Can a foreign national legally buy real estate in the USA?
Yes, there are investors purchasing ‘buy to let’ investment properties in the US who are from many regions, Australia, Canada, Brazil, UK, the Middle East, Europe, Asia, and Israel.
Can there be multiple buyers for each home?
Yes, the best way to do this is to form a multi-member LLC (Limited Liability Company) and purchase the property in the name of the LLC, we have attorneys who can provide assistance and give advice on cost
6. Do I pay tax on the cash flow income?
Yes. Investors are required to file a U.S. tax return annually. We have tax professionals that specialize in non-resident tax filings that can assist with this.
7. Will I have clean title to the property(s)?
All properties are delivered with clear title, free of any liens and encumbrances, a title exam is done by the closing attorney and title insurance is ordered as further protection from any future claims to title. The cost of the title exam and title insurance are inside the traditional closing costs described below.
Buying your property using an LLC:
We can assist you to form an LLC company in the US (Limited Liability Company) to purchase your property; there is no limit to how many properties this company can hold, now or in the future.
The cost:
The cost for us to set up your LLC is a one off fee of $500
The benefits:
Capital gains tax for selling the your LLC which owns your property(properties) is charged at a rate of 20%, this is further reduced to 15% once the properties have been owned for more than 2 years.
There is of course no inheritance tax as the shares of your LLC which owns the property (properties) are simply transferred to the new owner (beneficiary of the inheritance)
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Development Properties
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New York State - Rochester fully renovated and tenanted 3 bedroom BTL investment property just $43,000 – Net ROI 19.0% PA
Ref:
17 Rochester
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New York State - Rochester fully renovated and tenanted 3 bedroom BTL investment property just $54,000 – Net ROI 18.0% PA
Ref:
458 Rochester
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New York State - Rochester fully renovated and tenanted 3 bedroom BTL investment property just $38,000 – Net ROI 18.0% PA
Ref:
798 Rochester
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New York State - Rochester fully renovated and tenanted 3 bedroom BTL investment property just $46,000 – Net ROI 21.0% PA
Ref:
641 Rochester
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New York State - Rochester fully renovated and tenanted 3 bedroom BTL investment property just $26,500 – Net ROI 22.0% PA
Ref:
18 Rochester
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New York State - Rochester fully renovated and tenanted 3 bedroom BTL investment property just $63,000 – Net ROI 25.0% PA
Ref:
38 Rochester
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New York State - Rochester fully renovated and tenanted 3 bedroom BTL investment property just $43,500 – Net ROI 20.0% PA
Ref:
61 Rochester
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New York State - Rochester fully renovated and tenanted 3 bedroom BTL investment property just $55,800 – Net ROI 18.0% PA
Ref:
160 Rochester
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New York State - Rochester fully renovated and tenanted 3 bedroom BTL investment property just $35,500 – Net ROI 18.0% PA
Ref:
327 Rochester
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For further information on this property for sale contact us here.
For further information on this property or other investment
properties call us on 0800 567 7116
Note: Whilst we endeavour to ensure that the information on this
site is accurate, complete and up-to-date, we cannot guarantee that. We are not
responsible for fluctuating currency markets, which may affect the property
prices. Property prices are subject to change without prior notice. We strongly recommend that you engage the services of an English speaking independent lawyer in all transactions.
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