All Forum Posts by: Monica Williams

Hi @Jessica Stern I'm an agent that works exclusively with investors to find them off market or discounted properties in Philly and the surrounding suburbs. I would love to connect to talk more!

Hi @Marek Los, in Philly, the city has a wage tax on residents and non-residents who work in the city. As a NJ resident, if you solely own an investment property in Philly and don't live there, you generally wouldn't be considered a resident for tax purposes. So it shouldn't effect your W-2 or income, you would just need to claim any income on the property when you file just like any other investment. I'm an agent in the area, if you ever have any questions about the area feel free to reach out!

@Shane Gilfoy looks great! 

 Hey Solongo, Philly has seen a lot of growth in the past few years and most neighborhoods are still on the cheaper side. I'm an agent that specializes in investment properties, reach out if you have any questions about the Philly market! Just make sure that whatever city you are investing in out of state, you have a good team that you have vetted and trust.

@Steven Brown Another option is to rent your camper out and let people travel in it. There are tons of 20-30 somethings that want to vanlife but don't want to fully commit to buying a van/camper so they rent one for a month or two to see if it's for them. You could always do that if a mobile home park doesn't work out. 

Hi @Bradley​ Lobo,

I agree with @Caleb Brown that estimate for just two showers seems a little high. If you were doing a whole bathroom remodel that number would make a bit more sense, but not for two showers. I would definitely do some more research and get more quotes from different contractors. I live in the area and know a few good contractors if you want any recommendations! 

Hey @Joseph Scaglione,

I'm an agent that works with investors in Philly and the surrounding suburbs. I'd love to connect to talk more about what you're looking for and how I can help!

 Hi Jarrad,

Welcome to the world of REI and BiggerPockets! This is a great place to learn and grow before you start investing. I agree with @Michelle Bateman, you need to make sure that you find an investor friendly agent in the area that knows the market and is able to help you with your investment goals. I know a couple of agents out in the Columbus area that work specifically with investors, I'd love to connect you with them to help you get started. 

Definitely get out to investor meet-ups. Besides having an agent, active investors are going to be an amazing resource for you. These are people who are going to provide you with more insider guidance and advice. Learn from their experiences so you can be successful too!

Always do research and your due diligence. Make sure you are getting the right comps and numbers for where you're looking and what your exit strategy is. You don't want to pull comps that don't paint an accurate picture. That's where having an investor friendly agent will be super helpful. They'll make sure the comps your looking at make sense for the area, the property, and your goals. 

Good luck on your REI journey! It won't be the easiest at the beginning, but it's worth it when done right and you are in the right place to help guide you. If you ever have any questions about investing, feel free to reach out and connect!

Hi @Dzung Doan,

Welcome to the world of REI and BiggerPockets! This is a great place to get to connect with experienced investors and learn more. I agree with @Sheryl Sitman no matter where you buy in the Philly market, there are pro's and cons. You just have to make sure you do your own research and due diligence before you make a purchase so that it makes sense for you and your investment goals. I've been an acquisition specialist and agent in the Philly area for a little bit now and I would love to connect to help answer any questions you may have about the Philly market!

Hi everyone!

I am hoping to connect with investors that are buying in Philadelphia and surrounding counties. Fix and flips, buy and holds, single family, multi-family, whatever you are looking for I would love to connect.