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Updated 9 months ago,

User Stats

5
Posts
0
Votes
Kevin Salamea
  • Rental Property Investor
  • old bridge nj
0
Votes |
5
Posts

Locations to best invest in PA

Kevin Salamea
  • Rental Property Investor
  • old bridge nj
Posted

I'm looking to invest in small multi-families in Pennsylvania, ideally in the $80- 120k purchase price range.If possible !

I'm live in Old bridge, NJ and due to high property taxes in New Jersey, PA seems like the best state to invest in(Tavel time ) I'm trying to identify rental markets and research, while trying to establish a team.

I've done some research and came up with a few areas in PA include Allentown, Lehigh Valley, Bethlehem, Scranton, reading and Kutztown

I'm hopping to cash flow between $100-200 per unit is possible (with property management), and can reasonably expect some appreciation in the next 10-20 years (2-4% per year would be ideal, though achieving positive cashflow on my first purchase is my #1 focus). Also important is being able to find a reliable property manager in the area.

I'd love to hear from local investors – am I looking at the right areas? Where else should I consider? Is there anything I should consider before investing in PA? Are single family’s an option ?

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