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Updated about 7 years ago,
Who invests in Pottstown, PA
I'm a brand spankin, new REI from Quakertown, PA. I've put in my first offer in my hometown on a twin unit but I want to invest in a Quadraplex. The Pottstown area is very affordable but the area is very low income plus the school district isn't the best. Quadraplex's in the area sell for $139K and rent for about $600-700 month per unit. My concern is bad tenants and no value increase in the property over time.
Has anyone invested in the Pottstown, PA market or invested in a low income area and done well?