Multi Family in Dunmore, PA

[John Tomassacci]

I want to start investing in Dunmore, PA.  Any advice is greatly appreciated.  Looking for advice on good areas and areas to stay away from.  Thank You in advance.

[Bryan Stengel]

Hi John, I actually do invest in the Scranton area in the Greenridge corners close by Marywood University.  The cash flow has been pretty good once full.  Vacancy takes about 30 to 45 days for me to fill.  They don't appreciate fast like a single-family home might in this area.  I have a mix of students and families.  Turnover hasn't been too often either.  As long as you do right by your tenants, you'll be in good shape.  Dunmore is excellent too.  You can't go wrong in this area.  There is a lot of upside and the future looks good too.