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Updated over 4 years ago,
Military investor eyeing Philly
Hello All, I hope this finds you well!
We're taking some of the biggest steps to make our dreams reality, and we're looking at the market in Philadelphia, PA. As active duty Military and a Philly native, I'm familiar with the areas and sub markets and will be a long distance investor.
Our goal is to BRRR and return homes to communities around the 25th percentile for rent, passing some of the post-brrr profit and income to the surrounding communities through local commubity outreach programs.
We've done some preliminary analysis and there appears to be deals in the market of many different types.
I'm in the searching and vetting phase of establishing our system. I'm calling a number of lenders, builders and PMS today, and so I turn to you, beautiful BP mafiosos, for insight and referrals.
Anyone having success in the market? Any flops we can reflect on? What works and what doesn't? Who's doing it BEST? Handyman? Agents? Lenders?
My wife and I are digging in, and we'd love to join forces with like minded (of similarly driven!) individuals and teams.
Thanks for your time and consideration.