Quote from @Arthur Tolentino:
Hey BiggerPockets community! I'm new here and about to dive into my first real estate investment. I'm looking at purchasing a small multi-family rental property in the Allentown or Philadelphia area, and I plan to use the BRRRR strategy.
I'm struggling with the best way to analyze potential properties to ensure a solid ARV and would love any advice on effective tools or methods you use. Also, what are some of the most common value-adds that can significantly boost a property's ARV?
Appreciate any tips, insights, or experiences you can share to help guide me through this process!
That approach makes a lot of sense—focusing on key value-adds like bathrooms, curb appeal, and open layouts can really improve returns. Having a solid team in place is huge for investment success. In Philly and the surrounding counties, there are some great resources for financing, experienced contractors, and investor-friendly agents who can help with both acquisitions and resales. Also, off-market opportunities can be a great way to find deals that fit specific investment strategies. If you’re looking for any recommendations, happy to share insights!