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All Forum Posts by: Kishan Korsapati

Kishan Korsapati has started 1 posts and replied 3 times.

Post: Newbie - Philadelphia RE

Kishan Korsapati
Pro Member
Posted
  • Posts 3
  • Votes 0

Thanks everyone for your responses!!

Post: Newbie - Philadelphia RE

Kishan Korsapati
Pro Member
Posted
  • Posts 3
  • Votes 0

@Stuart Udis Thanks for your response.

Got it. Will try to check up on appreciation potential and inventory issues. Shall try to get an indepth idea of Mt. Airy neighborhood.

I decided on Mt-Airy and East falls as they seemed to be good places to invest in. Not looking to be restricted to NW Philadelphia. Please feel free to suggest if anything else. Thanks again.

Regards,

Post: Newbie - Philadelphia RE

Kishan Korsapati
Pro Member
Posted
  • Posts 3
  • Votes 0

Hello Everyone,

I recently joined BP and am looking to invest in Phily. When my agent sends a listing, I look at the neighborhood (Mt. Airy, East Falls etc) and check if it is relatively safe. Then, I am using Rent Property Calculator and mortgage payment to estimate if the property can yield a positive cash flow. If both the criteria make sense, I am looking at the property in person and planning to make an offer if within my budget. Please suggest if I am missing anything.


Thanks a lot for the help!