Deciding on whether to invest in PA or Delaware for second proper
Hi Guys,
I purchased my first rental property in Delaware and now looking to purchase my second rental property unit. I live in delaware and thought buying in PA will help me diversify across states and leverage gains. Is there any advantage you guys think PA or DE has in purchasing a rental property? The areas I am looking is Wilmington(Hockesin area), PA( Kennett, Avon Grove area, and Oxford). The price on PA is high but I am just looking to diversify. Can you tell me based on your experience if the market is an up market or down market in delaware and pa and what criteria can I use to make a decision?
Buyan