Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 7 years ago,

User Stats

18
Posts
2
Votes
Shawn Ryan
  • Philadelphia, PA
2
Votes |
18
Posts

Philadelphia PA New to Investing

Shawn Ryan
  • Philadelphia, PA
Posted

Hey everyone. I'm looking to get started in investing in south philadelphia. Just wanted to post this to see if I can get some responses from local investors who I can network with and reach out to for advice. I been studying the market for quite some time but haven't pulled the trigger on anything yet. I'm interested in single family and multi units right now. Looking to get my feet wet but I'm having a hard time figuring out how I want to start. I been looking at houses but I find some are in such bad shape that I'll have to use a 203k. Some houses I've seen aren't in as bad of shape but are over priced. 

I work in exterior renovations specializing in Windows, siding, doors, etc. But I'm having a hard time estimating the cost of repairs like uneven floor joists, drywall install/removal of plaster, moisture in basement, electric, plumbing,  etc. 

When I run into these situations it makes it hard for me to put in an offer because I'm unsure of the cost of repairs meaning I can't determine if the property will be equitable or not. 

Any advice helps

Thanks, 

Shawn

Loading replies...