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Updated almost 5 years ago on . Most recent reply

User Stats

5
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Scott Sperry
  • Investor
  • Philadelphia
2
Votes |
5
Posts

Seeking investor friendly Realtor in Philadelphia

Scott Sperry
  • Investor
  • Philadelphia
Posted

Hey Bigger Pockets community, I'm looking to make my first deal happen in the coming weeks. I could use an investor friendly Realtor who has local knowledge in the Riverwards and Brewerytown sections of Philly. I'm a buy and hold investor, looking to deploy the BRRRR strategy.

Thanks in advance!

Most Popular Reply

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1,400
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900
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Troy Sheets
Pro Member
  • Developer
  • Philadelphia, PA
900
Votes |
1,400
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Troy Sheets
Pro Member
  • Developer
  • Philadelphia, PA
Replied
Originally posted by @Joshua Pagan:

@Joseph ODonovan In my opinion I feel that the inflation of home values is based upon hype. I don’t see anything in that specific neighborhood that lays a solid foundation for the next step of development and sustainable growth.

5 bus routes and a trolley route that get you into CC, U City, Fishtown, W. Philly, and Temple U without a transfer. 

3 minute drive to hop on I-76, 5 minutes to I-676. 10-20 minute walk to the zoo, Kelly Drive, Fairmount Park, Art Museum, Whole Foods. Center City is walkable in 30 minutes. 

We have an Aldi right in the neighborhood at 31st and Girard. Driving range, playgrounds, zipline/ropes course, etc. over on 33rd St in Strawberry Mansion. 

Girard Ave commercial strip is rapidly growing plus you've got some commercial on 29th as well as Cecil B. Moore, which is also starting to really blow up with new construction and rehabs. Development is pushing North from there too. Granted I'm biased because I live in Brewerytown and have done several dozen projects in Brewerytown but the reason I chose to plant my flag here ~8 years ago was the location, which can't be beat. There are still plenty of development opportunities available here from small rehabs to new construction. 

If you're talking about inflation of prices, that's market wide, not specific to Brewerytown. I've not bought anything in months and finally found a decent deal here that was off market. I don't think anyone is finding good deals on the MLS these days so if you're expecting to pop into any of the hot areas in Philadelphia and scoop up deals off the MLS, you're going to be frustrated. Everything I'm seeing on the MLS is inflated beyond what makes sense.

  • Troy Sheets
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