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Updated almost 9 years ago on . Most recent reply

User Stats

97
Posts
22
Votes
Jem J.
  • Investor
  • Philadelphia, PA
22
Votes |
97
Posts

Philadelphia homes

Jem J.
  • Investor
  • Philadelphia, PA
Posted

Bought my second rental home in Phialdelphia. I now have a good feeling where I am heading to. Turn key properties work best for me as I still work full time. I am ready to move forward and get more props! Looking to add a duplex or triplex in Philadelphia close to colleges. Anyone here that has the same passion for turn key in the city?

Most Popular Reply

User Stats

97
Posts
22
Votes
Jem J.
  • Investor
  • Philadelphia, PA
22
Votes |
97
Posts
Jem J.
  • Investor
  • Philadelphia, PA
Replied

Hi Sean,

Mine is a traditional investment with at least 25% down. I once bought a house that needed rehabbing but unluckily was too much since I don't have the time. It was a good learning experience. I dealt with a contractor who refuses to agree on the revised contract done by my lawyer. Was able to sell it as it is. 

Best of luck. R E investing can work if you have the passion for it. I have met with some groups that are hard money lender but have not utilized them yet. 

Best,

Jem

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