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All Forum Posts by: Kevin Lorick

Kevin Lorick has started 11 posts and replied 23 times.

Post: Top areas to buy rental properties in Phila, PA

Kevin Lorick
Posted
  • New to Real Estate
  • Posts 24
  • Votes 4

I am trying to figure out the best areas/zip codes to start buying and renting long term rental properties in the Philadelphia area. Does anyone have any suggestions?

Post: My property manager deposits rent into his account before paying me, is this normal?

Kevin Lorick
Posted
  • New to Real Estate
  • Posts 24
  • Votes 4

I will look over our agreement again but thank you for your advice.

Post: My property manager deposits rent into his account before paying me, is this normal?

Kevin Lorick
Posted
  • New to Real Estate
  • Posts 24
  • Votes 4

Hi,

I'm seeking advice. I'm relatively new to buying and owning Properties in the Philadelphia area. I recently hired a property manager to handle almost everything, like the rental license, lead inspection, and repairs. However, is it normal for the property manager to deposit the rent payments into his account before depositing them into my account? He's been deducting money from the rent for repairs and other costs. I don't want to accuse him of stealing, but it seems fishy? 

I'm looking for advice on this situation.

Post: Real Estate Meet-ups

Kevin Lorick
Posted
  • New to Real Estate
  • Posts 24
  • Votes 4

Thank you for your help.

Post: Private Lender- interest only payments

Kevin Lorick
Posted
  • New to Real Estate
  • Posts 24
  • Votes 4

Thanks much appreciated.

Post: Private Lender- interest only payments

Kevin Lorick
Posted
  • New to Real Estate
  • Posts 24
  • Votes 4

Thank you for your help.

Post: Private Lender- interest only payments

Kevin Lorick
Posted
  • New to Real Estate
  • Posts 24
  • Votes 4

I’m looking a Private Lender to Lend on 2 single family homes 3 bed & 1 bath both will be purchased subject to.

1 property ready to be rented, will be rented $1500 October 1st.

2nd need minor repairs not over 10k

Seller asking 60k each

Need about 70k for 6months

If interested please reach out.

Post: Private Money Lender

Kevin Lorick
Posted
  • New to Real Estate
  • Posts 24
  • Votes 4

Sure we should connect.

Post: Real Estate Meet-ups

Kevin Lorick
Posted
  • New to Real Estate
  • Posts 24
  • Votes 4

Thank you for that information.

Post: Private Money Lender

Kevin Lorick
Posted
  • New to Real Estate
  • Posts 24
  • Votes 4

I will be working with other investors for funding.