Lancaster, PA market
Hello,
I am a new investor from NJ considering investing in rental properties in Lancaster County, PA and would love some input from anyone with experience in the Lancaster/Lancaster County area. We don't want to invest in NJ because of the extremely high prices and property taxes. We are looking at Lancaster because it is within driving distance, prices seem reasonable in relation to rental rates, and I have found several articles talking about the low vacancy rate.
We are driving out there next week to explore the area and look at some properties, and would love some input first.
Does anyone have input about the area, including...
- Best areas/types of properties to invest in?
- Areas/types of properties to avoid?
- Whether the vacancy rate is truly low?
- Any recommended property managers?
- Any recommended contractors?
- Any other feedback?
Thanks so much!