
9 May 2024 | 13 replies
Welcome Brandon - I have properties here in the wyoming valley.I am a native to the area.Scranton has many hoops to jump as an investor - esp. an out of the area investor.One is you'd have to hire a property manager if you do not live in the city of Scranton or within 20 miles of the city.Real estate taxes are high -that plus the current interest rate and ask prices makes cash flow an issue.You can find "deals" but please do your due diligence.Here is an example of a potential deal I am evaluating in the hill section of the city: 20 y/o, 2000 sq ft. 3b/3bath TH - Needs paint, new carpeting, and general wear and tear repairs after a 4 year tenant.

9 May 2024 | 107 replies
Get perm loan, cash flow.
9 May 2024 | 0 replies
I continue to hold this property as a cash flowing rental.

9 May 2024 | 15 replies
We would have a positive cash flow of 150-200$ after property taxes and property management fee.

9 May 2024 | 9 replies
Cash flow isn't super easy in Colorado Springs.

9 May 2024 | 11 replies
As a lender, we require flood insurance if the property is in a flood zone, which can eat into your cash flow if you want to hold the deal.

8 May 2024 | 12 replies
There’s a considerable amount of traffic and disturbance at times during the day but once evening comes it isn’t an issue. 90% of the people that use the parking lot respect my two parking spaces and don’t park in front of my house.

9 May 2024 | 0 replies
There was built in equity and cash flow.

9 May 2024 | 5 replies
Gross rents are 4550 so cash flow is roughly $2100. ( yes I know I need to factor in cap ex.