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Updated almost 4 years ago on . Most recent reply

User Stats

33
Posts
5
Votes
Chris Smith
  • Olyphant, PA
5
Votes |
33
Posts

PENNSYLVANIA newbie investor.

Chris Smith
  • Olyphant, PA
Posted

Hello, Names Christopher I reside in the North Eastern part of Pennsylvania since 2004. 2 kids and a fiance in a 2/1 apartment for the last 9yrs. Looking to get out but at 36 I do not want to just settle and I just became aware of wholesaling and even the BRRRR method of real estate. I'm in talks currently on possibly getting my real estate license. Looking to recieve any and all advice on the beginning procedures of the above mentioned. Additionally any rental investment advice will be greatly appreciated. If anyone who does read this an resides in the 570 region I would love to have a sit down an speak about the startups. Thank you for your time.

Most Popular Reply

User Stats

18
Posts
11
Votes
Dwayne Fritz
  • Kunkletown, PA
11
Votes |
18
Posts
Dwayne Fritz
  • Kunkletown, PA
Replied

Hi Chris,

There are several people here in bigger pockets from the Scranton area. I would suggest doing a search  for them. https://www.biggerpockets.com/search?term=Scranton+

I'm located a little south of that area near Stroudsburg and I have definitely found that people in our area of North Eastern PA are more than willing to help each other. I am a new investor as well, with no properties yet, but my wife and I are actively looking and and viewing properties. What I have learned is that you really need to build a team first. We came across two potential properties that needed some work, but we hadn't even contacted General Contractors yet and by the time we found some the properties were under contract. We now have 3 realtors and two wholesalers that we are working with as well. I really does take a team, especially in today's market.

I'd also recommend getting involved with meetups in the area, they are all basically on zoom now so you don't have to leave the comfort of your home anymore. The main one I suggest, that I'm also a member of, is Real Estate Wealth Institute- NEPA (North Eastern PA)  https://meetu.ps/c/2wb2X/Rgccx... on Meetup. It is no longer just PA but a lot of the members are still in the area.

Best of luck with everything, if you have any questions feel free to ask.

Best Regards,

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