Anyone in the Northeastern PA area that would like to connect?

[Mike Dorneman]

New to the game! I just finished renovating my 2nd rental and now looking for my 3rd deal! Looking to connect with other investors in the area.

[Adam Guiffrida]

Scranton is the poster child for investment property. It is the text book desirable market. Two major hospitals, over seven colleges and a 2 hour radius from Philadelphia and New York. As it was once one of the richest cities in America during the coal boom, the infrastructure and housing stock is incredible. The city offers a great environment for pulling tenants.

The issue with Scranton at the moment is its politics and poor leadership. Currently the pension system and debts have plagued the city with high real estate taxes, high realty transfer taxes, high wage/income tages, and substantial fees for services. I am at the moment on the verge of drastically reducing the city's rental registration fees and garbage fees through class action lawsuits.

If you can fit these high real estate taxes into your budgets than the cheap prices of properties should off-set this burden.

Overall I feel Scranton is a great long term play with a minimum of 3 years investment.