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Lloyd Preece
  • Rental Property Investor
  • New York City, NY
48
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49
Posts

Lehigh valley advice

Lloyd Preece
  • Rental Property Investor
  • New York City, NY
Posted Apr 22 2021, 16:42

Hi team, I'm looking to add a 3rd property to my portfolio this year and identified the Lehigh Valley as a good location to expand to. I'm currently house hacking in Weehawken, NJ (Working in NYC) and looking for a small Multifamily(~200k) buy and hold rental next. Lehigh Valley seems attractive due to Price to Rent ratios, significantly lower taxes than NY/NJ, geographic proximity to NYC/Philly, jobs in area (Amazon warehouses, fedex etc). Have also read good things about the downtowns of the likes of Bethlehem, but its difficult to narrow down neighborhoods without knowing the area too well. Looking for recommendations on neighborhoods to dive deeper into within the area in that price range, as well as connections and general advise from those who have invested in the area. Would appreciate any help!

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