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Updated almost 2 years ago on . Most recent reply

User Stats

11
Posts
1
Votes
Sunil Dhar
  • Investor
  • Phildelphia
1
Votes |
11
Posts

New to RE investing

Sunil Dhar
  • Investor
  • Phildelphia
Posted

I am interested in starting this journey. Completely new to this and have been doing some studying and research over last few months. I have personally live in Philadelphia suburb for many years and I am looking for a real estate agent who has knowledge of Philadelphia market and specializes in helping investors like me. I am open to idea of short term , mid or long term rental as long as they have a positive or an even cash flow. 
using various calculators, I am have trouble to find any such properties in Philadelphia neighbour hoods like art museum , graduate Hospital ,old city etc.

I feel Philadelphia is such a challenging city as every street is so different from real estate investing for the next street over.


I will appreciate some  guidance and help

  • Sunil Dhar
  • Most Popular Reply

    User Stats

    618
    Posts
    430
    Votes
    Eric Greenberg
    • Investor
    • Philadelphia, PA
    430
    Votes |
    618
    Posts
    Eric Greenberg
    • Investor
    • Philadelphia, PA
    Replied

    I would try to narrow my focus on STR (are you knowledgeable on the new Philly laws?), MRT, and LTR as they all have specific aspects to look for in a property. Do you have a budget range, type of property, and areas you are looking at? Art Musuem, Grad Hospital, and Old City may be tough to find cash flowing properties without going STR/MTR.

    Id be happy to share the RE agent I use if you want to DM me. 

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