All Forum Posts by: Jesse Hodges

I'm seeing the common theme of high taxes. Obviously every property is different but what kind of taxes are we talking for Scranton? And whats the catalyst driving those taxes up? Its not like Scranton is a big city known for its high tech public transportation or other typical big city items that tend to drive up taxes.

The Scranton/Wilkes-Barre area housing prices seems to be really low for multi-families that still have solid rents. Example: 90K asking price for 6/2 (with minimal rehab needed) while average rents are $700-850 for 3/1 in the area. To me this looks like a slam dunk for cash flow. Am I missing something? Id love to hear from anyone else that has invested in multi families around this area and what their experience has been. Thanks!