Updated over 4 years ago on . Most recent reply
Eastern PA town recommendation for just starting out
Hello,
Looking to learn more about single or multi-family rentals in eastern PA. My wife and I are from NY, currently house-hacking and lining up our knowledge and cash to begin REI. Ideal properties would be around 100k and cash-flowing ~ $100-200/month and move-in ready (other than paint-and-clean).
Looking to narrow our focus on one town or city and learn as much as possible about it before making any further moves. (Looks like Allentown is as far west from NY as we would like to travel).
Any advice on specific towns to look into or stay away from would be greatly appreciated.
If you are a REA we would love to chat to learn more!
Thank you all!
The Fox's
Most Popular Reply
Not related to Eastern PA, but you cash flow target is a little slim. Even $250 per month is danger close. You need to be able handle repairs and vacancy. My minimum cash flow is $350.