All Forum Posts by: Andrew T.

@Troy Sheets thanks a lot for the insight Troy. I will shoot you a DM to discuss more.

Curious if anyone has had experience with mixed use properties in Philly as a landlord.

Eyeing a 2-4 unit, 1 of the units is a dentist office, the others are rented out to tenants. The deal would leave me inheriting tenants with a couple years on their lease leftover, that's an entirely different discussion. My questions are as follows - 

1. How does tax work on mixed use property? Will I be looking to pay residential or commercial taxes or a mix of both?

2. Similar question, but what kind of insurance is required on such property?

3. The use of one unit as a dentist office is legal, but how difficult is it to convert to a residential unit? I am clueless when it comes to zoning laws.

Thanks in advance

@Tina Gao

I live in North Jersey and work in NYC, but grew up in Philly. Also looking for a property over there, let's connect!

i am beginning my journey and starting to look at properties with my agent in PA, goal is a SFH rental property. My question is what physical aspects of the home should I look out for when viewing properties to determine what kind of repairs will be needed. Do you guys look at the condition of roof, walls, bath tub, etc?

thank you

@Rich O'Neill what’s your experience like in Delaware County? Rental or flip in that area?

Also in the same boat as Carla. Based in NYC, grew up in Philly, interested in investing in Erie. Hope to connect.

Also looking for a good realtor in Harrisburg, I am from Philly.

anything meetups coming up?

looking for an agent to work with in philadelphia area, will be my first property. Thanks.

how do you come up with 5% vacancy rate? Just curious because i'm analyzing my rental and  assuming 1/12 months vacant as a worse case scenario. it's really eating up my profit, maybe i'm thinking about it the wrong way.