All Forum Posts by: Joshua Ax

Multifamily is the way to go.. If you have a 4 unit building and one tenant leaves, you only lose 25% of your income and can still operate with a margin. If you had a single family home that asset becomes a liability very quickly once it becomes vacant. Single family homes make better flips. 

My strategy is (and has been) to buy single family homes to flip, and using the profits from my flips as acquisition funds for my buy and hold properties. 

This is very exciting. The NEPA market has some very unique opportunities if you are careful in analyzing your properties. The only thing that would make this market better would be lower RE taxes. @Amy Engelhard congrats on your first multi! @Christopher Madden did you get in touch with Mindy for us to get the forum? If so, thank you! We still need to meet sometime soon. 

Zach! 

Long time no talk ;) Nice to see you here in the forums. Excited for what you will accomplish the rest of this year. I had the same issue being a Realtor (before I gave up my license), and not having two years income to provide to a lender. The EASIEST and FASTEST way to start getting deals in your situation is seller financing. Once you understand the benefits of seller financing and can communicate them effectively to a seller, your real estate investing career will skyrocket. We have gotten property with as little as 1% down... It's all about the negotiations! 

Hello,

I am an active investor in NEPA. My goal is to connect with other investors in this area. I am currently flipping roughly 2-3 properties per month, and am actively looking for deals. If you or someone you know has some good deals, I would love to connect. Currently I have flipped properties in Drums, Mountain Top, Wyoming, Swoyersville, Pittston, Dallas and Hanover Township. I am able to pay cash and close deals within 2 weeks if they meet the criteria

Thank you! 

This property is in a great neighborhood, very close to the 309. Property will need some cosmetic updating, but has GREAT bones. Gas forced air heat keeps this home nice and warm for the winter months. There is also an option to convert the attic into two additional bedrooms, as they currently have heat vented directly to them. This home also had hardwood floors throughout the whole home, with carpet currently covering it. This property features 3 bedrooms, and 1 bathroom with 1,485 sf of living space. This number can go up if you convert the attic into bedrooms. Property sold AS-IS and price is based on a cash or hard money offer.

Some comparables recently sold on this street:

$135,000 108 E Vaughn St,Kingston, PA 18704 3 beds1.5 baths1,949 sqft Closed 3/21/16 Link to

the property is HERE

$135,000 130 E Vaughn St,Kingston, PA 18704 — beds— baths1,392 sqft Closed 3/21/16 Link to the property is HERE

$132,000 115 E Vaughn St,Kingston, PA 18704 3 beds1 bath1,624 sqft Closed 7/03/17 Link to the property is HERE

More photos and information can be found here: http://www.property-stock.com/property/111-e-vaughn-st-kingston-pa-18704/

Looking for a roofing company that can put a new roof on a 35 unit apartment complex in Kingston, PA. Looking to take care of this in the spring so we'd like to get quotes now. Please feel free to call or message me if you, or someone you know is a roofer that might be able to handle this job. 

We know the roof will need to be completely replaced. It currently has a rubber roof, and we would like to keep a rubber roof if possible, but are open to suggestions. 

Joshua Ax

480-939-9222

[email protected]

I have multiple properties under contract in the Wilkes-Barre, Kingston, Forty Fort, Wyoming Valley area. Typically our deals stay within Luzerne county. Looking for flippers, or people looking for buy and hold properties. We are wholesalers and have a steady stream of deals. Get in touch with me today! 

Thanks all! I will be meeting with some lenders this week. 

Thanks Rob! I'll check into those! 

I have been a real estate agent in Mesa AZ for the past 13 months, specializing in rental properties. I have helped several investors find rentals with great cash flows and I am ready to start buying some on my own. 

Where do I start? Who do I go to for financing? Should I go to the bank? Should I find a private lender? Any tips or suggestions?

Thanks!