Hello from NJ, interested in eastern PA

[Gary Parilis]

Hey BP community!

I’m new here. I live in NJ and have a few rental properties FL & PA, and I’m looking to accelerate my portfolio significantly.

After a lifetime of work, retirement isn't so far away, and REI will help me accelerate on my path there. Ambitiously, I'd like to get a couple dozen doors in the next 5 years or so. I'm looking at BRRRR (some multifamily) as a way to do that.

I've been looking at properties in eastern PA (on MLS) and see decent potential there – inexpensive, high rent/price ratios, opportunities to increase equity with modest rehab costs, lower taxes than NJ, and not too far from my home. I'd love to know others' opinions and experiences in that area.

I have a whole lot to learn, and my main gaps are about finding deals, financing, and estimating & managing rehabs. I’ve done a whole lot of reading, and continue to do so, and I’m confident I can do it, but need education and experience. Certainly welcome any input from the BP community.

Looking forward to benefitting from all the expertise and good will out there, and I’m eager to contribute value to others however I can.

Gary