All Forum Posts by: Collin Sceski

@John Morgan your ROI is 18. That is really good for a buy-and-hold. I am just starting out but I would love to find a property worth 150k that cash-flows $300 per month. I am assuming your able to charge approx $1500 per month in rent? That sounds like a good market for investing. Best of luck.

Well you leave a lot of capital in the deal. The ROI looks amazing though so as long as your comfortable tying up that much cash then it seems like a solid move.

This is coming from a novice perspective but that is what I noticed from reading through the report. I am interested to read replies from everyone else who has more experience than me. 

@Andrew Bosworth

Hey Andrew thank you for that response. I think that focusing on one strategy to start is solid advice. As I stated, if I find a house that will allow me to BRRRR (reclaim my capital and cash flow) I will jump on it! My thought process towards flipping some houses vs buy and rent is that some houses are in an area where they can be flipped but not in an area or structured in a certain way such that people will rent them at a good price. Have you found that to be the case? Are there some houses that could be flipped for a profit after rehab but would not cash flow after rehab?

Hi Jacob,

Thanks for the reply! I am currently interested in residential flips to build my capital so that I can move into larger more stable cash-flowing properties. If I can find that holy-grail of investing: a BRRRR that allows me to draw out more cash than what I put in I will certainly jump on it! Flipping houses near Danville that will sell or rent to Geisinger employees seems like a good gameplan. Have you worked with any investors who have had success in that town?

Thanks!

Hello,

I am a very new investor looking for a solid place to broaden my portfolio. I am wondering if anyone has any success stories (or not so successful stories) they would be willing to share about investing in central PA. I am specifically interested and considering investing near Geisinger Hospital, Bloomsburg, Bucknell, and surrounding areas. Any tips/networking would be much appreciated.