All Forum Posts by: Carlos M.

@Steve Babiak definitely understand your opinion here ... guess well have to wait and see how the stadium impacts campus life - if it happens of course :)

@Ryan Fagan appreciate the post ...  Didn't want to get into at the details here but agree there is a ton of off campus housing - I to have first hand experience with the market, remember when a bed room in a row home off campus in Yorktown was fetching 850 per month (those days are long gone) ... But don't want to go to far off track here, temple is a very competitive  and fickle market any investors out there please do your due diligence  before making any purchase.

@Troy Sheets agreed and that is the disconnect ... a lot of students are commuting ... however that may change once the football stadium gets built.

great i'll be there!

Based on enrollment data one would think that there isn't an oversupply .... TU's main campus has a total enrollment of about 31K students, 26K or so being undergraduates ... 

Temple provides enough on campus housing for about 5600 Students ... leaving about 80% of the student population to choose between off campus housing or home  .... 

source: http://www.temple.edu/ira/documents/data-analysis/Fact-Book/TU_Fact_Book_2013-2014.pdf

Temple's market is interesting because clearly there is more then enough demand to meet current markets supply. But it's strange because having property in the market myself .. I've seen rents  drop a good amount in the past few years ... just unsure as to why rents are dropping year after year ...

For anyone looking to invest in temple's market I'd say there is still opportunity but this market is very competitive - perhaps the most competitive market in the city  ... just my 2 C's.

@Steve Babiak is spot on I had the same issue with a sheriff's sale purchase and had to do an ejectment ...  the ejectment's office was located in city hall not at the eviction's office (Room 500, 34 South 11th) so you may want to double check that also .... here is a link with some additional information good luck  ...

http://www.officeofphiladelphiasheriff.com/en/civil-division/eviction-process

Welcome to BP Luis! .... Glad to hear you're finding success as a landlord. I second Troy's reply would like to hear more about the conversion as well. Lastly, If you have any questions or anything please don't hesitate to reach out.

Carlos

I'd attend please let me know if this event gets set up.

@Carl Austin

know of a few lenders who can help ... inbox if you'd like more info.

please call Jordan Parisse @ (267) 474-2219.  Highly recommended does quality work give me a call when you can.