Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

597
Posts
340
Votes
Ceasar Rosas
  • Real Estate Broker
  • Bronx, NY
340
Votes |
597
Posts

Wilkes Barre, Pa - Help me analyze this deal

Ceasar Rosas
  • Real Estate Broker
  • Bronx, NY
Posted

View report

*This link comes directly from our calculators, based on information input by the member who posted.

Hey my BP friends, 

I'm hoping to get some constructive criticism on this 2 family, side by side 3 bedroom duplexes in Wilkes Barre Pa. Rental rates can be anywhere from 600-900 for each unit and we are analyzing at the low end. Our utilities will be low because we will have the tenants paying for all of their own utilities. Click on the report and tell me what you think. 

We have experience in the Poconos, Pa, Bronx, NY, Westchester, NY markets. We're looking into the Wilkes Barre and Scranton, Pa areas. Cash-flow seems great, but appreciation not so much. Anyone familiar with this area please chime in. I look forward to hearing from everyone. 

Most Popular Reply

User Stats

12
Posts
8
Votes
Ron Parasole
  • Property Manager
  • Scranton, PA
8
Votes |
12
Posts
Ron Parasole
  • Property Manager
  • Scranton, PA
Replied
@Ceasar Rosas Also do not buy with consulting someone local because the area changes street by street and will be the difference of having stable tenants

Loading replies...