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All Forum Posts by: Rachel Clark

Rachel Clark has started 1 posts and replied 4 times.

Post: Harrisburg, PA

Rachel ClarkPosted
  • Posts 4
  • Votes 4

My husband and I are considering purchasing a multi-family property in Harrisburg or surrounding areas. We are looking for a duplex, triplex or quadplex. Also we are open to something that needs minor renovations if it makes sense. I’m really trying to target a monthly cash flow close to $1k. Any realtors out there that can help? 

@Chris Mcdonald Definitely not overlooking Baltimore, but man, some areas there are scary. I think I'm intimidated by all the crime. Do you know any good agents there that I could get on their radar?

Thanks @Jeremy Taggart. We are new to this and it's a tad intimidating entering a new market. At this point we are exploring Pittsburgh (I have family there and it helps in that i'm more likely to visit the area) However, we are certainly open to other areas. We would like to get a few good performing multi families going then can start thinking bigger. We are interested in tri and quadplexes but would entertain duplexes at the right price.

Do you feel Pittsburgh will have better appreciation over the next few years? And those property management fees, yikes! Is it usual to charge a whole month of rent just to get a tenant in, as well as 10% monthly fees? 

Hi, I'm Rachel from Rockville, MD. Husband and I recently purchased two single family rentals in FWB, Florida and are now looking for multi family properties closer to home. We are targeting Pittsburgh but are open to other areas of southern PA, boarding close to Maryland. Looking for tips, areas to keep an eye on, and any other nuggets that may be useful.