New Investor In The Pennsylvania Market

New Investor In The Pennsylvania Market

Rental Property Investor · Doylestown, PA · Member since 2017 · 82 posts · 7 votes

Hi All, 

I wanted to introduce myself here in this forum, as I have not had an opportunity to do so before, but I am new to multi-family investing and have been diving in headfirst through the BP podcasts, webinars, forums, books, and other literature. 

I will be investing in the Lehigh Valley area in the next few months and would like to connect with various people in this area. Additionally, I reside in the Doylestown area, and would not be opposed to forming relationships with other investors in the tri-state market. 

Currently, I am looking to build my team moving forward, and pursue my goals. 

Appreciate the time,

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Newtown, PA · Member since 2018 · 172 posts · 81 votes
8y

Hey Kyle!  Welcome to Biggerpockets.  I'm an agent/investor.  I mainly operate around Philadelphia and Bucks County (grew up in Newtown).  I would love to answer any questions you have about investing.  

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  • Jessica H.Pro Member
    Flipper/Rehabber · Easton, PA · Member since 2013 · 224 posts · 36 votes
    8y

    welcome Kyle! We are in the Lehigh valley, right now we mostly do flips and are working on some new construction.

  • Rental Property Investor · Doylestown, PA · Member since 2017 · 82 posts · 7 votes
    8y

    Hi @Jessica H.,

    Thanks for responding back to me! How do you like the Lehigh Valley flipping market, my fiance and I are looking into this over the course of time? 

    Right now, my interests are in multi-family apartment rentals, but we would be interested in learning more about your successes and how you can flip so many homes per year. Additionally, any future referrals, whether contractors to agents, I am open to hearing it all. 

    Thanks for your time,

  • Newtown, PA · Member since 2018 · 172 posts · 81 votes
    8y

    Hey Kyle!  Welcome to Biggerpockets.  I'm an agent/investor.  I mainly operate around Philadelphia and Bucks County (grew up in Newtown).  I would love to answer any questions you have about investing.  

  • Rental Property Investor · Doylestown, PA · Member since 2017 · 82 posts · 7 votes
    8y

    Hi @Brendan Markle ,

    Thanks for the response, I would definitely be interested in learning about some of the better areas for small multi-family apartment rentals in the Doylestown area, in addition to learning about your background some more.

    Thanks,

  • Rental Property Investor · Danville, PA · Member since 2018 · 25 posts · 12 votes
    8y

    Welcome! I’m not too far from you; I’m finishing with my first deal (what some a ‘flip in’), looking for a primary residence, as well as a small multi-family unit in the Bloomsburg/Danville area. If you’re interested in this market let me know and I’ll help you any way I can. the Lehigh valley is a beautiful place and a great place to invest.

  • Ottsville, PA · Member since 2015 · 17 posts · 2 votes
    8y

    Hey Kyle,

    Welcome to BP! I'm not far from you, just north in Ottsville. My wife and I are relatively new to real estate investing, buying our first last year. Things are going well with it so far! We are also looking into the Lehigh Valley area, seems like a growing market?  We've been up to the area a few times, a lot to take in, different areas, colleges, hospitals, and the casino's. BP has some good info on the area, dig in, I've learned quite a bit so far. Good luck in your search!

  • Rental Property Investor · North Wales, PA · Member since 2017 · 46 posts · 14 votes
    8y
    Hey Kyle Lauriano I’m not far from you and am closing on my first investment on July 12th. Yet is a single but I am ultimately lookin to get into the small multi market as well. Send me a pm. I’d love to connect.
  • Real Estate Investor · Audubon, PA · Member since 2009 · 13k+ posts · 8k+ votes
    8y

    Welcome to BP. I suggest that you check out DIG http://digonline.org/

  • Investor · Bethlehem, PA · Member since 2015 · 84 posts · 34 votes
    8y

    Welcome @Kyle Lauriano! I'm a licensed agent based in Bethlehem, so if there's anything I can do for you, please don't hesitate to reach out. Best of luck to you!

  • Rental Property Investor · Doylestown, PA · Member since 2017 · 82 posts · 7 votes
    8y

    Hi @Adam Burns , 

    Thank you for your response, absolutely, I would be interested in connecting with you to discuss this area, as well as, learn about you and your successes! 

  • Rental Property Investor · Doylestown, PA · Member since 2017 · 82 posts · 7 votes
    8y

    Hi @Jared Kulp,

    Thanks for the warm welcome, and insight into the area. I will review the area thoroughly! Congratulations on the new investment, as well! 

  • Rental Property Investor · Doylestown, PA · Member since 2017 · 82 posts · 7 votes
    8y

    Hi @Jason Bruning,

    Congratulations on the SFH investment that is exciting news! I will reach out to you.

  • Rental Property Investor · Doylestown, PA · Member since 2017 · 82 posts · 7 votes
    8y

    Hi @Steve Babiak ,

    I was looking into this, I will definitely do a deep dive and join. 

  • Rental Property Investor · Doylestown, PA · Member since 2017 · 82 posts · 7 votes
    8y

    Hi @Jeff Amore ,

    Thanks for reaching out to me, I will definitely be interested in discussing the Lehigh area in depth with you.

  • Real Estate Agent · Doylestown, PA · Member since 2016 · 47 posts · 8 votes
    8y

    Hey @Kyle Lauriano, I'm a realtor based in Doylestown. I wish it were easy to find some deals around D-town! If you ever need anything at all, don't hesitate to give me a shout.

  • Perkasie, PA · Member since 2018 · 11 posts · 7 votes
    8y

    Hi Kyle, I am starting out as well and near you in Perkasie. We have bought our first BRRR project and are working to finish off the renovation and move into renting it out. Happy to help and connect.

  • Allentown, PA · Member since 2018 · 29 posts · 9 votes
    8y

    Hey @Kyle Lauriano, welcome to the forums! We are also new and interested in multi-family rentals within the Lehigh Valley area. 

  • Investor · Reading, PA · Member since 2014 · 14 posts · 3 votes
    8y
    Hey! Investor from Berks County here! Best of Luck !
  • Tax CPA · Charlotte, NC · Member since 2014 · 215 posts · 186 votes
    8y

    @Kyle Lauriano welcome to BP! Here are some of my favorite resources:

    Podcasts

    Episode 108 - Grant Cardone... Just listen…

    Episode 283 Paul Thompson - Quite a new episode but I would think everyone would agree this is a top episode. Mainly, the systems implemented are fascinating (VA, automated offers, etc.) Plus...escape velocity...

    Episode 113 – Jay Papasan - Very practical slow and steady advice

    Episode 221 - Tim Shiner - his concept of equity build up and "shearing the sheep" shows some of the flexibility of real estate vs a 401k

    Last but not least, I also recommend all the tax advice given by my fellow CPAs on the BP Podcast.

    Amanda Han

    Brandon Hall

    Tax Reform Update – Brandon Hall and Amanda Han

    Linda Weygant

    Guides

    Ultimate Beginners Guide

    Forum Stickies

    BP Calculators or spreadsheets uploaded by members

    My Favorite Books

    I have to say all of the BP books…right? :)

    The Millionaire Next Door

    The Millionaire Real Estate Investor

    What Every Investor Needs to Know About Cash Flow

    Hope this information can give you a good start. Feel free to reach out with any questions. 

  • Rental Property Investor · Doylestown, PA · Member since 2017 · 82 posts · 7 votes
    8y

    Hi @Julie 

    Great to hear about your first project, how is the Perkasie area regarding vacancy and cash on cash returns? 

    Look forward to connecting,

  • Rental Property Investor · Doylestown, PA · Member since 2017 · 82 posts · 7 votes
    8y

    Hi @Allyson Straka

    Thanks for reaching out, it would be great to understand what your goals are!

  • Rental Property Investor · Doylestown, PA · Member since 2017 · 82 posts · 7 votes
    8y

    Hi @Cowan Bucks

    How has the Berks County market been for you?

  • Rental Property Investor · Doylestown, PA · Member since 2017 · 82 posts · 7 votes
    8y

    Hi @Account Closed

    Thank you for taking the time to compile this information, I have looked into some of these, but I will look into the rest! 

    Thanks,

  • Rental Property Investor · Johnstown, PA · Member since 2017 · 71 posts · 42 votes
    8y

    Hi from the other side of the state! We are in Johnstown and also invest in multifamily as well. The best of luck to you!

  • Rental Property Investor · Doylestown, PA · Member since 2017 · 82 posts · 7 votes
    8y

    Hi @Alyssa Paros

    Thank you for the kind words! All the best to you as well!

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