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Updated over 1 year ago on . Most recent reply

User Stats

43
Posts
5
Votes
Gregg Alexander
  • Investor
  • Brooklyn, NY
5
Votes |
43
Posts

Any agents around Pottsville, Pennsylvania

Gregg Alexander
  • Investor
  • Brooklyn, NY
Posted

In from Brooklyn, N.Y and im looking for an agent in or around the Pottsville, Pennsylvania area to work with on a potential deal.  ASAP

Most Popular Reply

User Stats

133
Posts
39
Votes
Chad Jarrah
  • Flipper/Rehabber
  • Bethlehem, PA
39
Votes |
133
Posts
Chad Jarrah
  • Flipper/Rehabber
  • Bethlehem, PA
Replied

I've done some investing there. Some parts of Pottsville and Tamaqua and surrounding areas are better than others like anywhere else. But overall, you can cash flow there well there. It's not unheard of to buy a property for 20-25k, but 10k into it and rent for $800-900/month. Taxes are low there as well. I went into my investing in those areas with the mindset that appreciation will be low over the years (if at all). If I sell one of my properties down the road for the same amount I bought it for but it's paid off by the tenant and I made good cash flow every month during the time I owned it, I'm happy. If it gains value over the years, that's all gravy. This part is speculation, but with what is happening in the Lehigh Valley area with all the influx of investors and improvements happening in Allentown, Bethlehem and Easton (where I mainly invest), many investors are unable to purchase -- might push them out to other areas like Schuylkill County. Could help with appreciation and increasing rents. I hope this helps -- good luck to all.

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