All Forum Posts by: Jamaica Perry

I’ve been working in property management/real estate since 2020 and really want to try my hand at starting my own company. Even if I start with one property and work my way up from there, I’m certain I can be good at it. I also have a degree in Business Administration with a major in marketing and minor in management.
Hoping to start in furnished rentals in the Fort Lee area of VA for military students.

Any advice?

Okay so I’m from the Scranton area and I want to so badly to invest there. Not sure how much research you have done on the area but with the Amtrak being built that will allow travel from Scranton to NYC, I’m fairly certain that gentrification will start taking place before 2030. With that being said I definitely think investing in foreclosures and SFHs is a good idea. I highly recommend tearing down these old properties and developing new ones. It’s not as hard as you think and if this Amtrak attracts more people to Scranton, not only will they not want to live in an old run down house but they’ll likely have the money to rent or buy something newer. Developers have already started renovating old buildings and turning them into luxurious apartments.

Be careful of where you decide to invest though because some bad apples have been coming to the area and causing trouble. 

I could go on all day but that’s my advice on the matter.