All Forum Posts by: Account Closed

Thanks again everybody. The only reason I'm looking for turnkey out-of-state is because nothing in OC really makes sense for cash flow. I've done quite a bit of research on the pro's and con's of turnkeys and if a good deal comes along, I'm willing to jump on it but it has to make a lot of sense. If I could invest in my own backyard I would, but the returns and rent/cost ratios don't make sense.

Thanks for the feedback, guys. 

I never said I definitely wanted to purchase it, but I figured if it was on the border of a decent area it may be a possibility. From what you guys have told me, I'll definitely pass on it now. Even thought I wouldn't be living there, I don't want anything in high crime areas for obvious reasons. But Alexander, I'm curious as to what turnkey providers you've used? Maybe you can pm me with some more info.

Hi everybody,

I potentially have the opportunity to purchase a turnkey rental property in Philadelphia. The major cross streets are 54th and Girard. It's a fully-renovated duplex with monthly rent of $1,350, NOI of $955, and a purchase price of $107,000. I've not submitted any earnest money or anything yet. It's just a property they have available so I'm just doing my own research to see if it might be a good buy.

I've read numerous posts on this forum as well as other articles touting the "up and coming" status of Phily, but I'm concerned about crime and some of the neighborhoods. I'm most interested in hearing people's opinions who know this particular area. Would this be a potentially interesting deal to you given the area? Thanks in advance for the feedback!

Hey everyone,

I'm an out of state budding investor looking at a turnkey on East Chelten Avenue in Phily. Can anyone comment on the area? It doesn't look like the greatest area from Google Maps, so wanted to get a local's opinion and make sure it's worth taking a chance for a 12% cap. Thanks everybody.

Thanks everyone for the feedback so far. I'm doing mine through duanegomer.com at the recommendation of another BP member. It's online but I did opt to do the in-person "cram session" as well. I downloaded a few apps that I'm sure I'll be using too. Are there any in particular I should check out? 

Hey everybody,

So I finally took action and ordered my materials to start working towards my real estate salesperson license, and I wanted to get some advice on how to best study for it. 

I'm prepared to read all three books cover to cover, but just wanted to ask those who have have their license what worked for them and/or if there's a more efficient way to absorb the most pertinent material. Thanks everyone!

As soon as I got the email saying Grant was on the latest podcast, I put it on right away. Hilarious and motivating at the same time. Simply put, Grant is a boss.

Oh, my bad! Didn't they used to be on Tuesdays? I think I read that in an old post and maybe that's what confused me. In that case, I'll see you all tonight.

So sorry I couldn't make it last night. Got home from work late and my wife wasn't feeling well. I'll definitely plan on being at the next one in February. In the meantime, I'll probably be posting questions I was hoping to ask last night. 

Thanks, @Clint Kreider . I'm planning on showing up. I'm excited to learn from seasoned investors as I begin my journey. Looking forward to it.