All Forum Posts by: Chris Fisher

@Troy Sheets

Thanks for the invite. My daughter's first birthday party is that afternoon so I probably won't be able to make it. I would love to check the place out though, so I will try to run down there closer to the end. It all depends on how much cleaning up I have to do.. If not, I look forward to the pictures for the listing being posted soon! 

That's great information, thanks @Troy Sheets & @David Ross .. If I did go the lot/new construction route I guess I could rent the home until the prices appreciate to that 250-300K range and then sell. Hopefully 3 years or so. (I know it's not always smart to bet on appreciation, but I feel like Brewerytown is a good bet). I like the multi unit building idea also..

Any idea what rents on a newly rehabbed 1000-1200 sq ft go for in the area? And at what size is a lot too small to work with?

Good luck the rest of the way @Troy Sheets& @David Ross . The website looks great and I can't wait to see how it turns out!

I've been considering Brewerytown or West Philly near the 52nd St corridor as potential neighborhoods to attempt my first deal. I see a lot of cheap lots in Brewerytown especially. 

Did you guys consider buying one of those and building new, instead of rehabbing this property? What cons, if any, do you see in buying & building on an empty lot in Philly? 

@Paul Timmins Thanks Kevin, I'll be sure to check it out!

Hi, I'm Chris. After a decade at the same company, working in financial sales, I've decided 2015 will be the year I transition to a career in real estate investing! 

I am currently working on getting my real estate license in PA and right now I'm interested in purchasing a suitable property for my first fix and flip. I am also interested in long term rental properties. Scranton especially interests me as a market with it's unique architecture and cheap prices. I also believe it has a chance to really improve as a walkable urban community in the next few years. 

I look forward to making connections and getting advice to help me out in this new endeavor!