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All Forum Posts by: Monica Williams

Monica Williams has started 12 posts and replied 68 times.

Post: Hey BP! New Investor in Philly seeking advice

Monica WilliamsPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 81
  • Votes 39
Quote from @Jack Dahill:

Hey BiggerPockets Community,


I'm a new investor in Philadelphia looking to get started with my first Multifamily deal. After plenty of time spent reading, researching, and listening to BP podcasts, I'm ready to take the next step to find my agent and lender and start networking in the community!

If you have any recommendations for agents and lenders in the area or if you would just like to connect and chat please reach out.

Looking forward to starting my REI journey and finding the first of (hopefully) many deals!

Thanks,

Jack



 Hi Jack, 

Welcome to the world of REI and the BP community! Like @Account Closed mentioned. They are the place to be to meet other investors, agents, lenders, etc. in the area. Finding good people to have on your team is essential to successful investments. 

I know you might be well on your way now, but if you are still looking around for agents, I am an acquisitions specialist and agent and I would love to help you build your investment portfolio and start cash-flowing. Let's connect!

Post: [Calc Review] Help me analyze this deal

Monica WilliamsPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 81
  • Votes 39

Hi Tanner, 

I'm an investment real estate agent in the Philly area. Depending on where you are in the city and the condition of the units, the cash flow can vary. I would love to connect with you to help you analysis this deal more!

Post: Investing in Philadelphia

Monica WilliamsPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 81
  • Votes 39
Quote from @Keith Tarasiewicz:

Hello Bigger Pockets Philadelphia! I have been investing in the area for the past few months but seem to be spinning my wheels. Investors- how has it been recently for you? Are you finding deals to be few and far between? Competition amongst investors too high? How many homes do you look at before purchasing one?

Thanks in advance!


 Hi Keith,

That's gotta be frustrating! I'm an agent in the area that works with investors to help them find deals all over Philly and the surrounding suburbs. I would love to connect to talk more!

Have a great day!

Monica  

Post: Real Estate Rookie

Monica WilliamsPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 81
  • Votes 39

Hi @Cate M Beaulieu,

Congratulations on your new baby! I'm a agent that works with investors in the Philly area. I'd love to connect to help out! 

Post: Real Estate Rookie

Monica WilliamsPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 81
  • Votes 39
Quote from @Casey Valbuena:

Hi everyone,

I'm 25, currently renting, working full-time and had been educating myself on real estate through books, YouTube, and podcasts the past several months. My goal is to househack a multifamily in 2025 in the suburbs of Philly where I work at; and use the next two years learning and saving money for my first investment property. I am looking to get an FHA loan for the low DP but I want to make sure I have 3-6 months cash reserve before jumping in. Also, I only started working in the US in 2022, so I would not be qualified til I have two W2s for FHA (correct me if I'm wrong please).

I have attended a local REI meetup in Philly once and met a few investors as well, and looking forward to attend their following events. I also just enrolled in a 6-week Jumpstart program in our area which starts soon and I'm very excited to gain new knowledge and meet like-minded people.


This forum has been really helpful for beginners like me, any advice would be helpful and much appreciated! :)

Thank you all.


 Hi Casey,

Welcome! This is a great place to get advise and learn more about real estate investment. I'm a local agent that works with investors and would love to connect to answer any questions you may have!

Monica 

Post: New to flipping

Monica WilliamsPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 81
  • Votes 39
Quote from @Kimberly Kelly:

Hello! New to this forum and community. I'm currently a real estate agent but my husband and I are just now starting to dabble with the ideal of flipping. Have renovated and remodeled many of our own homes over the years and want to diversify my real estate business. My broker recommended this site and I'm excited to spend time on it and get to know the community as I know I have much to learn. 

 Hi Kimberly,

Welcome to the world of REI! BiggerPockets is the perfect place to be to learn all about investing, flipping, and much more. I'm an agent for investors in the Philly area, if you ever have any questions about anything, I'd love to connect and help you in any way I can!

Good luck with everything, 

Monica 

Post: Success and Horror Stories

Monica WilliamsPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 81
  • Votes 39
Quote from @Brett Deas:

Everything is a success if you look at it like one, but all of my investments have so far been successful because by all odds I should not be able to do what I am doing, but I have had some syndications go south where I was an LP and almost had some legal battles. Luckily they never went that far.  


 That's very true! You should always find the positive in something. That's rough, but I'm glad that it never went that far and everything has been successful. 

Post: How do you chose your exit strategy?

Monica WilliamsPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 81
  • Votes 39

With the market and rates fluctuating, how do you chose your exit strategy? What trends do you look for and study? Do you have a go-to exit strategy? Does it change often?

Post: New to RE investing

Monica WilliamsPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 81
  • Votes 39
Quote from @Sunil Dhar:

I am interested in starting this journey. Completely new to this and have been doing some studying and research over last few months. I have personally live in Philadelphia suburb for many years and I am looking for a real estate agent who has knowledge of Philadelphia market and specializes in helping investors like me. I am open to idea of short term , mid or long term rental as long as they have a positive or an even cash flow. 
using various calculators, I am have trouble to find any such properties in Philadelphia neighbour hoods like art museum , graduate Hospital ,old city etc.

I feel Philadelphia is such a challenging city as every street is so different from real estate investing for the next street over.


I will appreciate some  guidance and help


 Hi Sunil, 

Welcome to the World of REI! It's always a little tough starting out and learning the ropes, especially when you're investing in a place like Philly where it's always changing, but you joined a great community that will help you navigate through it. I am a local agent that works with new investors like you. If you ever have any questions, feel free to reach out!

Monica 

Post: Looking for an agent - Looking for first investment property

Monica WilliamsPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 81
  • Votes 39
Quote from @Megan Sullivan:

Hey folks! 

Just starting out in my real estate journey. I'm looking for a savy, strategic, and helpful agent in the Philadelphia area - who would be a good fit for a first time investor. I currently live in Brooklyn, NY, but am looking for a rental property to invest in in the Philadelphia area. Any recommendation appreciated! 


 Hi Megan!

Welcome to the world of REI! I'm an agent in the Philly area. I work with new investors in the area all the time. I would love to connect and help you on your REI journey!

Monica