All Forum Posts by: Eric Greenberg

My experience has been there will be long lulls then towards the end of the month you will get flooded (at least in Philly) with requests. The biggest difference is having the patience to wait until what feels like the last minute to book folks compared to LTRs. Reach out by DM if you have any other questions, Im happy to give my input. 

I use Furnished Finder and Airbnb for our listings in Philly. Like others have said if you are coming from LTRs you may get a bit worried at how late folks are looking for housing compared to months out. We stay +95% booked where folks may ask to rent a few days out vs months out on LTRs. 

I dont think its a terrible idea to post to sites now that say updated photos coming soon. We have booked guests while finishing up the construction phase. 

It could be. It only matters if thats the type of investment you want to hold and deal with. Have you talked to any PM companies who deal in that area? 

And like I said being east of Aramingo in Port Richmond is an entirely different world. Lots of folks priced put of Fishtown are moving north and Richmond Ave had been slowly bringing in new businesses. 

Karl,

Safe is all relative. I would review your budget and see what areas you can afford and where the numbers make sense. Then visit all of those areas and walk the neighborhoods. I would strongly agree that there are great fundamentals in the areas above but there are areas in those neighborhoods where some folks may not feel safe. 

Welcome! 

19134 is a very dynamic zip code. Being east of Aramingo in Port Richmond is an entirely different world than Kensington Ave/the letter streets. 

You can certainly make money anywhere but I would only suggest investing by K&A if you really know what you are doing. If you have never been to this area please go during the day, not night and check it out… or even youtube it before. That might be all you need to know. 

I would talk to your local rep, clean streets, septa. 
But most likely you may put out your own trash can. Hopefully the location of the can will get dumped without having to do anything 

It matters where this is located. If its in the city where off street parking is a huge perk and it has a legal curb cut then I would keep the garage in most cases. 

I assume thats the triangle on the other side of Aramingo south of Lehigh? 

Focus on the strengths you have, with one of those strengths being that you live and want to invest in Philadelphia. Use that to your advantage by knowing your specific area better than 99% of other investors. Also let friends/family/neighbors know you are looking for a property to help source deals. Even if you wont buy that property you could always find the end buyer and make some money along the way.