Another Newbie From Philly

[Neel Patel]

Hello all,

My name is Neel and am located in Philadelphia. I grew up in Bucks County and moved into the city in 2015 after getting married. My wife and I rented in Fairmount Park area for about 1.5 years and then closed on our first home in November 2016 near 4th and Reed (Pennsport area). After the whole process of apartment hunting and then house hunting complete, I began to grow anxious to do something with my time and turned towards REI here in Philly. Earlier this year, we partnered up and bought a property in the Temple area to turn into student housing. Since then, I have been looking at other rental and/or rehab properties around the city.

My biggest obstacles so far have been trying to find the right project and the fact that I am usually limited to Friday, Saturday and Sunday to look at properties as I travel for work. However, I have been a big time lurker on Biggerpockets and reading everything I could, especially any post related to Philadelphia. I'd love to meet some local folks. I've been actively looking at properties for the past couple months to try and find one to experiment/learn with.

[Rod Stanback]

Hi @Neel Patel,

A great resource for properties is New Western acquisitions. I would sign up for their email list or contact @Clay Packel directly. He has deeply discounted properties available daily!

I am from Philadelphia and all of my current projects are there. Let me know if you have any resources for your investment business. 

Good luck!