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All Forum Posts by: Account Closed

Account Closed has started 2 posts and replied 36 times.

Post: Investment Property Analysis (Pro Forma), Becoming an Asset to Investors.

Account ClosedPosted
  • Investor
  • Wayne, PA
  • Posts 40
  • Votes 18

Geno,

   I really like that you are getting familiar with the tax assessment process. I see a lot of properties that have high assessments from the before the crash. I'd love to see a predicted assessment value if a property is reassessed as part of a deal.

Post: Buying my first rental property

Account ClosedPosted
  • Investor
  • Wayne, PA
  • Posts 40
  • Votes 18

I love Norristown and I am passionate about revitalizing it. I have one property there and so far the only difficulty was with getting the license because my wholesaler didn't quite understand how thorough they were. You will definitely want to apply for the license and get a code inspection before you do anything. That step would have probably saved me months of carrying costs. Hopefully, you skills can mitigate any issues. 

Post: Investors in Norristown, PA

Account ClosedPosted
  • Investor
  • Wayne, PA
  • Posts 40
  • Votes 18

I'm looking in Norristown for my next buy and hold. I already have one there. Have only begun to consider multi-family. Let me know if I can help.

Post: Norristown, PA - Rental History?

Account ClosedPosted
  • Investor
  • Wayne, PA
  • Posts 40
  • Votes 18

I have a property in Norristown and my tenant has been excellent. In over 2 years, I have had no issues. My property manager, Onyx, helped me vet them before they moved in. I am thankful for them every day. I hear stories but my limited experience is the opposite.

Post: Landlord Policy Philadelphia Area

Account ClosedPosted
  • Investor
  • Wayne, PA
  • Posts 40
  • Votes 18

You can also try:

www.chaseinsuranceassociates.com

Post: New member from Broomall, PA.

Account ClosedPosted
  • Investor
  • Wayne, PA
  • Posts 40
  • Votes 18

Hi Mike,

I have a rental in Norristown. I think there is a lot of opportunity there and I am currently searching for my second property there. The biggest challenge I found was the code enforcement. There were some issues in recent years and they are now very particular. I'd glad share more if you are interested.

Jim