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All Forum Posts by: Ilir Livadhi

Ilir Livadhi has started 1 posts and replied 3 times.

Quote from @Stevan Stojakovic:

Welcome to the U.S.! With your renovation background, you're well-positioned to excel in house flipping. To find deals in Philadelphia, focus on off-market opportunities by networking with wholesalers and local investors, attending meetups, and leveraging platforms like PropStream or MLS. (Auctions and foreclosures can also provide great leads.)

With $20K, hard money loans are a practical option, as they emphasize a property's ARV over your financial history. Partnering with investors to share profits is another avenue to increase capital.

For your team, connect with electricians and agents through local investor groups or platforms like Angie's List. Seek an agent experienced with investors who knows the Philadelphia market. Target neighborhoods like Brewerytown, Kensington, and Point Breeze, where demand and ARV potential are currently strong.

Your skills in renovations will give you a significant edge in controlling costs and boosting returns. If you need assistance, I’m here to help.

Best regards, 

Stevan


 Thank you very much for your support. Really appreciate it. Really helpful 👌 

Thank you very much for your help, I really appreciate it. I will do e exactly how you said,  will wait and study. In U.S things changes a lot from France and the rest of western Europe. This gonna allow me to increase my budget for finding something that it's worth it. Also I can said that working as a project manager in renovation is helping me a lot. Thank you again and have a wonderful 2025 year. 

Hi everyone,

I’m new to the U.S. and excited to start my real estate journey! I recently moved from France, where I spent 8 years running my own house renovation business. I’ve handled almost every aspect of renovations myself—plumbing, tiling, painting, drywall, and general construction. The only thing I don’t do is electrical work.

Now that I’m in the U.S., I want to focus on house flipping as a way to break into real estate investing. I currently have $20K to work with and would love to get advice on:

1. Finding the Right Deals: What’s the best way to find undervalued properties or fixer-uppers in my area (Philadelphia)? Should I focus on off-market deals, auctions, or foreclosures?

2. Financing Options: With 20K, how should I approach financing? Would hard money loans or partnerships make sense for someone like me?

3. Building a Team: While I can handle most of the renovation work myself, I’d need an electrician and possibly a real estate agent. Any tips on finding reliable professionals in my area?

4. Market Insights: Are there specific neighborhoods or property types in Philadelphia that I should target as a beginner?

If anyone has been in a similar situation or has actionable advice, I’d greatly appreciate it!

Thank you