All Forum Posts by: Brendan Markle

Hey Lupe,  

     I 100% agree,  you can analyze a million deals, read 100 books, listen to 100 podcasts etc but if you never actually do a deal, what good is it?  I'm a real Estate Agent/Investor in Philadelphia, and have a ton of friends who always ask me about how they can get into investing, but never do anything.  

If you decide to look into Philadelphia, feel free to hit me up with any questions.  

You could always buy in cash.  I would recommend staying in Philly, there are a lot of areas where it is not difficult to find a good deal on a duplex or triplex.  I invest myself in the Frankford/West Kensington area, let me know if you have any questions.  

Hey, i'm an investor/realtor in Philadelphia, I would love to answer any specific questions you may have.  Shoot me a message.  

I'm a local agent/investor, I actually just helped someone get a house around Fishtown.  If your looking for a less stressful career, i'm not sure that Real Estate is going to fit the bill- the process of getting a house from being on the market to sold can be exasperating.  You have to work with the buyer and seller's bank, title companies, other agents (this one can be the worst often lol), home inspectors etc in order to bring a transaction to close.  Mistakes they make can make your life immeasurable more difficult.  

Also, you are starting a business, not just switching jobs.  It will cost about 2k to get started, and I would have enough saved to cover 6 months of expenses, which is often how long it takes to close your first deal.  You will spend a ton of time getting clients (through whichever way works for you, your business your rules).  Actually, you spend way more time trying to get clients than you do actually buying and selling houses, at least for the first couple of years.  

All this said, it can be incredibly rewarding, and profitable.  Theres no better feeling than getting your commission check at settlement, and if you put the proper systems in place, you can greatly minimize your stress.  If you have any questions at all feel free to reach out to me.  

Getting into investing your going to come across many of the same problems.  Despite what a lot of people will say, I would highly recommend against trying to get started in investing until you can comfrotably afford whatever type of property you choose to invest in.  I don't buy the whole "get started in real estate investing with no money down!" theories and posts.  You need monet to invest in Real Estate.  Save up, research, make a plan, and execute it.  

I live in Philadelphia, so I don't know how feasible sitting down together would be, but I would be happy to answer any questions you have.  Let me know.  

Hey Lisa, 

     I'm an investor/Realtor in Philadelphia.  I have a duplex in Frankford, and all of my clients last year and this year so far were investors.  I would love to help you learn more about the city.  

-Brendan 

Thats the nature of reality.  Its not fair.  Maybe they didn't have the same opportunities and birth that you did, and will never have the chance to get into real estate investing.  Doesn't mean that you shouldn't take full advantage of your circumstances, in fact it would be worse for you to waste what opportunities you do have. 

At the end of the day, your giving people work, which they are obviously looking for, and which wouldn't be available to them if you weren't into real estate investing.  All you can do is stick to your word, and be a decent human being to them when you interact.  If they still want to hate, thats on them.  

Hey Ignacio!  Welcome to Biggerpockets.  I'm an investor/agent who buys multi family properties in Philadelphia.  Let me know if you have any questions about the area or what to focus on I would love to help.  

I think if you know where to look, Philadelphia is one of the best markets in the country to start investing in real estate.  If your looking for cash flowing duplexes with the possibility of appreciation I would look into these neighborhoods:

-West Kensington

-Port Richmond

-Germantown

-Norristown (a little outside Philly)

I would even look into Frankford, I can always find duplexes that cashflow there.  

If you have any questions about the area feel free to message me.  

Hey David!  Welcome to BP.  I would recommend looking in Philadelphia and the surrounding area-  Some places to look into are Port Richmond, West Kensington, Norristown, and Germantown.