All Forum Posts by: Annika Engelbrecht

Off-market commercial real estate opportunity in Collingswood, NJ.

Long-term tenant.

Great Haddon Ave location with a 10% Cap Rate.

Message me at 267-559-7611 if you're interested. Thanks!

Hi Ashley!!

I work in the South Jersey area and would love to connect!

Thanks so much!

Thanks so much!

Hi! Depends on how much capital you are looking to invest with and whether you want to reap the benefits of live-in housing/house hacking for lower down payment options or if you are more interested in long-distance investing. 

If long distance investing is something you are looking for than I would recommend the Ohio area (specifically Columbus and Cleveland which has excellent cash-flow and relatively low home prices). I am not too well-versed in terms of single family homes, however there is pretty much a market everywhere for that if that is what you are interested in. For multifamily rentals, I recommend Maine and Ohio! 

As for various links and sources here are a few that might help... https://www.mashvisor.com/blog/best-multifamily-markets-2020/ 

https://www.banks.com/articles/real-estate/places-buy-multifamily-properties/

https://learn.roofstock.com/blog/best-states-to-invest-in-real-estate

I would definitely recommend reaching out to some realtors around those areas so that you can run the numbers and see if they would actually work for you and your goals.

Best of luck!

Like others said, I think that Ohio is a great market for renting especially considering the lower average home price compared to other areas. 

The thing about Florida is that there are a lot of concerns with regard to Global Warming and the potential of it going underwater due to the rising sea level (that likely won't happen too soon, but whether you believe in it or not, it is something to be aware of). Additionally, the high likelihood of hurricanes in Florida cause higher home insurance rates which is something to account for. According to insurance.com, Florida has the third highest average home insurance rate in the US. Just some stuff to consider :)

Regardless, I am sure that you will find success in whatever you do and I wish you the best. 

Good luck!

Honestly, I don't think that compensating them with hard cash would be the best Idea, however, I do think that it would not be a bad idea to give them a discount on something as a nice incentive to continue renting after the 18 month period if that is something your interested in. Best of luck :)

Hi! I am Annika, I am new to the investing world of real estate! I recently was practicing running numbers on various properties in Philadelphia and came across 328 N 41st Street... its listed at $250,000 and although its not in great conditions, its in a fantastic neighborhood (around university city where homes could go for well over 1 mil). Its 3 beds, but is 1,776 square ft which could make a lot in terms of renting when I compared nearby listings. That is of course, only, after it is fixed up. I am not looking to invest in this as I am only 18 and do not have the reserves quite yet, but I was looking for thoughts as I do plan on investing in the Philadelphia area in the future. All that being said... any thoughts on the property? Here's the listing: https://www.realtor.com/reales...