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All Forum Posts by: John Lee

John Lee has started 15 posts and replied 24 times.

Post: Philadelphia - Section 8 Property Manager RECS

John LeePosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 28
  • Votes 3

Hello BP,

I need some recs on some property managers that specialize in section 8 in Philadelphia.

Post: Looking for GC on a 4 unit building (I have provided plans)

John LeePosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 28
  • Votes 3

Hello BP,

Looking for GC on a 4 unit building (I have provided plans). This will be a full reno.

Thanks!

Post: Investor Friendly Brokerage to Hang My License in Philadelphia

John LeePosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 28
  • Votes 3

Hello BP,

I am looking for an investor friendly brokerage to hang my license in Philadelphia.  Any recommendations would help!

Post: Looking to link up with any multi family investors in Philly

John LeePosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 28
  • Votes 3

@Brendan Markle DM your phone number

Post: Looking to link up with any multi family investors in Philly

John LeePosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 28
  • Votes 3

Hey BP,

Looking to link up with local philly investors and gain some insight on comps for multis in the area.

Post: Looking to link up with any multi family investors in Philly

John LeePosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 28
  • Votes 3

Hey BP,

Looking to link up with local philly investors and gain some insight on comps for multis in the area.

Post: How do you guys calculate a "good" commercial deal?

John LeePosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 28
  • Votes 3

@Matt Bertsch I look to get around 100-200 per door.  Its not much but I do mostly cash out refis.

Post: How do you guys calculate a "good" commercial deal?

John LeePosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 28
  • Votes 3

So guys,

In the same way as residential rentals.  The strategy is either appreciation or cashflow correct?

Post: How do you guys calculate a "good" commercial deal?

John LeePosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 28
  • Votes 3

Hello BP,

Excuse my ignorance, because I do mostly single family rental investing. It's pretty straight forward, because I base my numbers on the ARV, purchase price and repairs. But, how do you guys compute a "good" deal for 5+ units? I only hear people say that its based on cash-flow, but there has to be other factors included! A good book recommendation will help here too...

Post: Following Up After Rental Showings

John LeePosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 28
  • Votes 3

Hello BP,

Wanted your opinions on this matter.  After showings, I personally send applicants an email for applying, but should I go any further in encouraging them to apply?  My initial thinking is no, because if people were really interested in the property, they would apply in a timely manner, instead of having someone like me tell them.