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Updated over 7 years ago on . Most recent reply

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2
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0
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Nathanael J Boykin
  • Real Estate Agent
  • Quakertown, PA
0
Votes |
2
Posts

Who invests in Pottstown, PA

Nathanael J Boykin
  • Real Estate Agent
  • Quakertown, PA
Posted

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? 

Most Popular Reply

User Stats

61
Posts
15
Votes
Achi Adamit
  • Residential Real Estate Broker
  • Teaneck, NJ
15
Votes |
61
Posts
Achi Adamit
  • Residential Real Estate Broker
  • Teaneck, NJ
Replied

Following this.  Always looking for new small towns to invest in where rates returns are great despite having little appreciation.

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