All Forum Posts by: Jon Segura

Hi Guys.

hoping that everyone is well and staying safe with all this covid19 disgrace.

would love to hear if you guys know any small investor friendly bank in Philadelphia that you would like to recommend?

please advise.

Thank you

Rocio

i rather wait they tell me

dry them up, some companies have machinery that can warm up the unit to 140F - which will dry up all the roaches. simple

@Account Closed right on. cash offer for 40ks - its seems like this property needs a lot of attention. Are you sure the rehab its only going to be 60k (outside & inside) + permits + 10% added it to the 60k rehab. There is always something. We just placed an offer #westoaklane - wholesaler asking 100k we offered 80ks and it needs about 60ks rehab and its not like really rough of anything like that.

@Ricardo L Knight - they are all correct. Due your do diligence before investing a great way to find out the rents around the area is rentometer.com its pretty accurate. our rentals go by what the site says, maybe a 25 dollar difference. Rentometer says 950 we rent for 925 ;)

i use separate accounts, all of our properties have different llc for legal matters. However rent roll goes to same account. 

@Jazlynn Gibbs - contractions are not all bad. just make sure to succeed when economic contractions happens. Buy when others are shy and slow down when others are buying a ton. Just don't dwell and just make sure not to throw the towel. 

@Nicholas Morgan - we never purchase thinking in appreciation - we work towards Cash flow - because cash flow is king. however if you want this to be your first experience go for it.

@Elaine Lai - just make sure to due your due diligence. make sure to stay on track with the budget and if you feel comfortable closing. Go for it

@brendanmarkle hi please feel free to email any pocket deals you might have, looking to purchase a new deal by the end of this month. Cash deal. (kensington - frankford and some north philly areas)