All Forum Posts by: Dami F.

 Hi @Travis, hope you're well. Are you still active in Harrisburg? I am hoping to get an insight into the rental market in Harrisburg.. specifically Old Uptown (Maclay st/Green st/Susquehanna st) how is that pocket?

Hello @Kevin Cieslukowski! I'm an local investor in the Harrisburg market, but it's difficult for me to answer your question as to what a potential renter is looking for without knowing what sub-market of Harrisburg you're talking about.  What a potential renter expects in Allison Hill or certain parts of Uptown Harrisburg could be drastically different than a potential renter in the Midtown or Downtown areas which could also be different for a tenant in a working class area like Penbrook or Rutherford.  

I would  get a better understanding on what type of demographic tenant you're trying to target and choose your sub-market on that.  Also, don't rule out the surrounding Harrisburg areas (i.e. New Cumberland, Enola, Palmyra, Hershey, etc.) which also comes with different types of tenant demographics

Happy to assist! I am an investor and agent specializing in the Harrisburg city market.

Hey Doris! I'm a realtor/investor who lives and does most of my business here in Lehigh Valley, specifically Allentown. There are some really great old homes here. As far as things to look out for I don't think there is anything beyond what you would be looking for in general with older houses. Cracked sewer pipes, old wiring, rotting wood.  In someways the biggest enemy is just the time that various owners have had todo improvements/diy the wrong way not necessarily the old products. I was doing some electrical in my house which was build in the early 1900s and the electrician was shaking his head at what the previous owner did just a couple years ago. Good luck, I know that might not be much help, but check in if you come across any other specific concerns and I can try and help! 

Hello, I'm really sorry to hear about the troubles everyone seems to be having finding and keeping a good "handyman." I consider myself quite "handy" and I'm sure I could help any/all of you, depending on specific project(s). My question is this: What kind of jobs/tasks do you need completed? Are you looking for a full time employee, or someone to be "on call" all the time? I ask because the position sounds pretty demanding, but probably does not pay that well. If I'm completely wrong, I apologise. 

I live in the area here and have been investing in RE in this area since 2010. If anyone has any questions about specific locations within the Lehigh Valley, just let me know.

Best,
Jeremy

Good morning @Joe Gogal. Congratulations in advance on graduation! You're right about the DC area. Cap rates are abysmal compared to other markets in the country you could house hack in, but you should still know what you're getting into. Always know your numbers. At the same time, I would say it's still a good move. A 4-plex with good numbers is hard to come by, but if you find it, it can be a great starting point for your investing career because of the resiliency of this area.