All Forum Posts by: Michael Campbell

I recently signed into a 2 year lease for an apartment (mistake), and I already know that I don't want to stay here for two years. My landlord told me that this is basically a standard PA lease agreement.

What happens if I want to get out of the lease? Worst case, he keeps my security deposit?

As a potential wholesaler, I'm having a hard time finding serious buyers. What is the best way of finding a serious cash buyer in my area? I've tried craigslist and Linkedin with little luck so far.

Hello BP,

I'm fairly new to the forum, I've been a lurker for and recently began posting. I'm a new investor, like so many others. I'm currently working in Royersford, PA, about 30 miles west of Philadelphia.

My current goal is to move out of my apartment into a duplex and rent out the second unit. After that, I plan on wholesaling properties. I've recently found that Montgomery County, PA has a list online of "Complaints in Mortgage Foreclosure." Is that the same as a notice of default? I plan on using that list and contacting pre-foreclosure property owners for potential wholesaling opportunities.

Any advice?

Okay, I'm going to move forward in my search for a multi-family home. Where should I start when looking for pre-approval? Local banks?

Thanks for the advice, Roger. I really like the idea of purchasing a multi-family unit. But it does seem like I'll have to save up quite a bit more before I can take that step.

I may try wholesaling as a method of saving up some cash. It seems like the first step is to put together a buyer's list, then start finding properties. What is the best way of finding discounted properties? Should I start talking to real estate agents?

Is it acceptable to work with a realtor when wholesaling properties? What is the best way of finding properties for wholesaling?

Like an idiot, I signed into a 2-year lease about a month and a half ago. I have a two bedroom, one bath apartment. I would love to be able to get out of my lease early if that is possible, because I don't want to stay here for two years.

My job involves sustainable/green building. Eventually, I'd like to start rehabbing properties using sustainable building techniques and products.

The duplex idea sounds great to me. I just wish I wasn't stuck in this lease. What would be the easiest method of finding a duplex? Should I start talking to realtors?

I live in a Philadelphia suburb, many houses here can be found between $100-200k, but there are some places around here that are not so nice and go for much less. A duplex would likely be a good option for me.

I have a full time job, but I'm currently paying rent which only allows me to save $400-600/month. My current rent is $895/month, so if I was able to get out of my lease, I would have some more money for investing.