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All Forum Posts by: Bob Norris

Bob Norris has started 1 posts and replied 45 times.

Post: South Eastern Pennsylvania Investor

Bob NorrisPosted
  • Investor
  • Kennett Square, PA
  • Posts 45
  • Votes 25

Neil, I am in SE part of PA.  Kennett Square.

Post: Coronavirus: email to send to your tenants

Bob NorrisPosted
  • Investor
  • Kennett Square, PA
  • Posts 45
  • Votes 25

Natalie, I like the basis of your letter and how you urge your tenants to work with you in advance of their inability if they cannot pay you on time.  This will also will allow you to make plans and speak to your creditors if necessary.  Your acknowledgement of the situation that is totally out of your tenants' control is commendable.  Let's hope creditors will be as reasonable as you are.  

It will be an interesting first few days of April...

Post: New Member, interest multi family

Bob NorrisPosted
  • Investor
  • Kennett Square, PA
  • Posts 45
  • Votes 25

Jake, welcome to investing in SE PA. 

Post: Mortgage Broker & Contractor Referrals in Lancaster, PA

Bob NorrisPosted
  • Investor
  • Kennett Square, PA
  • Posts 45
  • Votes 25

Gregg, Fulton Bank seems to be interested in working with real estate investors in the area.  
Good luck!

Post: 41-Units No Money Down Deal $627K Profit in 15 Months - How?

Bob NorrisPosted
  • Investor
  • Kennett Square, PA
  • Posts 45
  • Votes 25

@Michael Ealy great deal! Thanks for sharing. What sort of returns do you look for an a small multi unit?

Post: New Member from West Chester, PA

Bob NorrisPosted
  • Investor
  • Kennett Square, PA
  • Posts 45
  • Votes 25

Tim, I love he attitude and determination! I am in Kennett Square, if you want to share stories or ideas, let me know.

Congratulations on your next chapter!

Bob Norris

Post: What is your favorite way to accept rent from tenants?

Bob NorrisPosted
  • Investor
  • Kennett Square, PA
  • Posts 45
  • Votes 25
@Jess White I require tenants to have the funds deposited into an account and cleared by the 1st of each month as agreed in the lease. I let them decide how it gets there, my only concern is that it is there and cleared.

Post: Coatesville sfr market

Bob NorrisPosted
  • Investor
  • Kennett Square, PA
  • Posts 45
  • Votes 25

Kennett is a very hot market right now, and for the last few years. Prices are pretty high for investors and CAP rates are not too exciting. Contact me if you have questions.

Post: PA Sales or Purchase Agreement

Bob NorrisPosted
  • Investor
  • Kennett Square, PA
  • Posts 45
  • Votes 25

Steve, I am not able to attach it to this email.  If you send me your email, I will send it to you.  Or you can message it to me on Facebook  

Bob Norris

Post: West Chester PA - A great place to invest and live!

Bob NorrisPosted
  • Investor
  • Kennett Square, PA
  • Posts 45
  • Votes 25

Thanks for the quick response Scott. Please call me at your convenience tomorrow. 

Bob Norris

610-220-7024