All Forum Posts by: Monica Williams

I want to hear from you. What are some of your biggest success stories in real estate investing? Have you ever had a deal go completely wrong and turn into a horror story? I know that investing in real estate can come with its ups and downs, we can all learn from each other's experiences. Share your stories and let's start a discussion about what it takes to be successful in this industry.

Thanks for the input! I mainly work with investors so I wanted to reach out to others to get an idea of what they focus on when buying properties and why. This helped give me a better idea of how some investors may think when I present them with deals.

What matters most to you when investing in real estate? Do you prioritize cash flow or appreciation? Are you willing to invest in a less desirable location if the numbers make sense? Or do you prefer to stick with properties in high-demand areas with strong rental markets?

Share your thoughts and experiences!

Hi Daniel! It's great to see that you're considering investing in real estate in the Northeast Philly area. 

In the Northeast Philly area, it's quite common for tenants to pay for their own utilities, especially in multi-family properties. For you it can be a good thing because it can help reduce expenses and increase cash flow, which every investor wants. Property taxes in the Philly area are generally lower than those in NJ, which can be a significant advantage for investors.The CoC return you mentioned sounds reasonable, assuming that you have accurately factored in all expenses.

As for your concern about living 1-1.5 hours away from your investment property, it's not uncommon for investors to own properties that are located out of state. Having a reliable team of local professionals such as a property manager, handyman, and contractor is crucial. It's great that you've already made a connection with a realtor in the area who's willing to share his network with you.

Just be sure to do your due diligence and work with experienced professionals to help reduce risks. Good luck with your investment journey!

Hey Brian, I'm a local agent who works with people who are buying and selling off-market multi-family properties. If you ever have any questions, I'd love to connect! Best, Monica

Hi Randy!

I'm an agent in Philly that works with investors just like you. I'd love to connect to help you out!

Have a great day!

Monica 

Hi Wendy!

Welcome to RE! Investing can be a little nerve-racking, but once you start and really get into it, its great. There is tons of potential in the Philly area too. I'm a local agent in Philly I've gotten to know the area pretty well. If you ever have any questions about this market or want some tips, feel free to reach out! 

Hi Ben!

Welcome to the world of Real Estate! I'm a local agent in the Philly area. If you ever have any questions or need tips, reach out! I'd be happy to connect with you!