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Updated over 1 year ago on . Most recent reply

Account Closed
  • Bronx, NY
27
Votes |
94
Posts

Is it worth investing there

Account Closed
  • Bronx, NY
Posted

Hello BP. It's been a while since I post. I recently became aware of an area in Pennsylvania. Johnstown PA. I notice that the price points are low. Is there any reason for this?  What have been your experiences in investing there. Thanks in advance 

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Chris Seveney
  • Investor
  • Virginia
15,417
Votes |
17,926
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Chris Seveney
  • Investor
  • Virginia
ModeratorReplied

@Steven Jefferson

We invest in mortgage notes and had an asset there

It’s a tough place - prices are screaming low for a reason. There is zero appreciation, low population, low rent growth. I would not recommend investing there unless you lived there and could self manage etc

We had to have sump pump fixed and there was no one with 20

Minutes to come take care of it….

  • Chris Seveney
business profile image
7e investments
5.0 stars
16 Reviews

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