Looking to invest in allentown pa!

[Pedro Bartolomei]

Hello BP. My partners and I are looking to invest in buy and holds in allentown pa . We are new to the market and are looking for advice on our options in Allentown as we are from new york and are unfamiliar with the processes.? .any info is greatly appreciated

[Rajneesh Jha]

I am an Allentown investor. Its a blue collar area with tonnes of tenants an revitalizing district. I have a 4-plex there and its been very solid. I bought it in 2018. My cash on cash is about 20%.

One thing to note is this there are several tax bills  and compared to other places I am invested in, the tax rate is higher for my Lehigh Valley properties.

all in all, I would recommend this place, if you want to buy and hold and like good cash flow.

Hope this helps.