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Updated 12 months ago on . Most recent reply

User Stats

73
Posts
40
Votes
Jonathan Rivera
  • New to Real Estate
  • NJ (new jersey)
40
Votes |
73
Posts

Investing in Pennsylvania Market?

Jonathan Rivera
  • New to Real Estate
  • NJ (new jersey)
Posted

As I now decide what out of state market I want to get into, I come to the thought that bc I am from New Jersey the closest state possible to me is Pennsylvania. The price difference from NJ & PA are significant. It’s also a decent landlord friendly state for investors. 

I originally was looking in the Midwest and different areas & I still am but, when I start thinking about rehabbing & working on a project, I tell myself I can easily drive 1-4 hours to check on my property PA because of the distance vs somewhere like the Midwest where it’s  super far. It just gives me a peace of mind.

Any advice from people with experience in the PA market or just in general is would love your input on this one & connect. 

Thank you 

Most Popular Reply

User Stats

74
Posts
51
Votes
Savannah Yingling
  • Realtor
  • Chevy Chase, MD
51
Votes |
74
Posts
Savannah Yingling
  • Realtor
  • Chevy Chase, MD
Replied
Quote from @Jonathan Rivera:

As I now decide what out of state market I want to get into, I come to the thought that bc I am from New Jersey the closest state possible to me is Pennsylvania. The price difference from NJ & PA are significant. It’s also a decent landlord friendly state for investors. 

I originally was looking in the Midwest and different areas & I still am but, when I start thinking about rehabbing & working on a project, I tell myself I can easily drive 1-4 hours to check on my property PA because of the distance vs somewhere like the Midwest where it’s  super far. It just gives me a peace of mind.

Any advice from people with experience in the PA market or just in general is would love your input on this one & connect. 

Thank you 


Hi Jonathan! I was born and raised in York, PA. I would say your best areas are going to be closest to the bigger colleges and universities. Philly, Harrisburg, York, Gettysburg, State College, etc. Happy to share any additional insight!

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