All Forum Posts by: Florian N.

@Doug Minton

Not in Jessup currently, but in Lackawanna. I live not that far from Jessup and have friends living there.  

@Simona Goldstein I mostly deal in Lackawanna and Wayne counties and Lackawanna has both good and bad areas but for the most part there are still deals to be had and the market seems to be going up and stable. 

Depends what you are looking for as well but in Lackawanna county the biggest city is Scranton, i'm trying to stay away of Scranton in general but from time to time i come around a deal there which might be worth the effort even for Scranton. 

Feel free to PM me if you have any more questions.

@Doug Minton

Jessup can be hit and miss, depends exactly where in Jessup the property is. There are some nice areas and some not so great ones but in general i would say it is a B to B- area.  

For Lackawanna county : Guy Valvano or Kevin Cummings.

Hope this helps. Good luck. 

@Account Closed

To answer your question directly no i don't consider THIS ONE bad behavior. 

Why? Because this is not a black and white game. In this specific case things worked out for everyone, and yes the situation and outcome next time might be different bu so will be the players.

In this particular instance the issue is that there is no accountability for anyone except maybe the investor based on the way you are laying the facts. 

The thing is that based on what what said it's possible that the seller's agent didn't care much because there wasn't much incentive so for every interested buyer he just played the same tune: "Sorry the tenant is a pain in the rear, you can't see the property." . There's also the possibility that the buyers agent didn't care and he just played the tune i mentioned. If indeed the tenant was the issue then when you knocked on the door he would have told you to go pick rocks.

Look at it from the other side also. You are trying to sell your house at a lower price and your agent is telling everybody that the house is not available to see yet, or enter here whatever he comes up with, because the price is low and he has bigger fish to fry. After a few month you have to drop the price. And again drop the price, and again. Would you tolerate that?

Every situation is different and, some cases are straight forward some aren't, but it's easier when we actually know all the facts. 

On the other question you had about posting on the internet: Don't post anything on the internet what you don't want everyone to know, this isn't a piece of paper that you just shred.   

From the looks of it based on what was said it looks like one of the agents didn't do their jobs(either buyer or seller agent, or maybe both). Low priced property, low % for the agents, not much interest in representing. But that's a bit of speculation on my side.

In the end both the agents got paid for the work the investor did. Would/Do you tolerate that?

Nothing wrong in stopping and knocking on the door and asking about the house, i'm sure many of you did it without knowing that there's a homeowner in the house or renter.

I don't what to try and read to much into what was said, sometimes there's fault in all corners.

@Jared Brandon

Welcome, I see you are in my neck of the woods, let me know if you want to go for a coffee :) and good luck with your license.

@Christopher Polanco A 4plex would be a great start but even for Scranton area most seem to be going at 'market' prices from what i can see in the last year but you might be able to find some deals here and there. 

You might have an easier time finding a good to great deal on a duplex but again this is just my observation. 

Where are you looking to start, Scranton or outside Scranton?

Good luck and welcome to Biggerpockets!

Here's a pretty good proforma for anyone trying to calculate VR income or check on possible VR deals. 

This was posted by Nayt Grochowski in another thread and it does a really good job: https://www.dropbox.com/s/r1alsf4itmi4mll/VRBO%20C...  

@John Lavin I would recommend to start going over the following post http://www.biggerpockets.com/forums/41/topics/6897...

Steve put a good list of posts together about buying at sheriff/tax sales. Hope this helps.