BiggerPockets Real Estate Podcast

Snapshot · BiggerPockets Real Estate Podcast

Where We'd Invest in Real Estate Right Now (12 Markets)

Explore episode Jun 26, 2026

Where this was said

House Flipping Pick #2: Allentown & Reading, Pennsylvania (Henry Washington)

At 31:35 · chapter starts 30:25

Henry Washington doubles down on the secondary exit strategy thesis and picks two interchangeable Pennsylvania markets: Allentown and Reading. Allentown is the lead pick, and its defining asset is an abundance of century-old row houses that are structurally deteriorated and waiting for a skilled flipper. The numbers are refreshingly clean: buy distressed for $150,000–$200,000, spend $50,000–$80,000 on renovation, and sell for $280,000–$340,000. No luxury finishes, no high-risk large-scale gut jobs — just affordable housing supply meeting a market of buyers who work at Amazon and Walmart warehousing facilities that have made Allentown a logistics hub. Population and job growth are both trending upward. Reading, slightly further from Allentown toward Philadelphia, hasn't boomed yet but is Washington's 'next up' pick — similar fundamentals, slightly less competition, and in a corridor where investors can still get in ahead of the wave.

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