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Updated over 2 years ago on . Most recent reply

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16
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12
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Boruch Vann
12
Votes |
16
Posts

Harrisburg, PA potential?

Boruch Vann
Posted

I've been scanning around the country for the best multi-family rental investment locations. The price of real estate in Harrisburg, PA versus the rental comps available seem like a dream come true! Can anyone volunteer data regarding vacancy rates? Really, I'm looking for any data that will burst my bubble before I put money into an unfamiliar market. Thanks!

Most Popular Reply

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63
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57
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Dylan Thomas
  • Rental Property Investor
  • Pa
57
Votes |
63
Posts
Dylan Thomas
  • Rental Property Investor
  • Pa
Replied

@Samoy Min Hoayin just make sure you know what you are getting into…

Harrisburg looks great on paper. But paper and real life are 2 different things…

Lot of out of state people buying hood beaters for 110k that are really only worth 50-70k… just be careful. Anyone can make a property look amazing on a pro-forma.

I own 25 units in and around the city, but only buy in a very few select pockets. The war zones are not for me

  • Dylan Thomas
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