All Forum Posts by: Noah Black

I work for a student housing company in Bethlehem, Pa. The market is very competitive, but can be quite lucrative. Feel free to send me a message with any questions you might have.  

The "parcel" or "plot" of land that the building sits on has its own unique ID, just like building has its own unique address. You should be able to find the ID on your local, county website. As far as I know (I am not an expert) the parcel information is primarily useful for tax and zoning purposes. Hope that helps. 

I suggest finding a small, local bank and working with them to determine a realistic number for you to finance. Do the math and extend the current land contract until the pay off reaches that number. In the mean time, save as much of your cash flow as possible. No sense in stressing about bank financing if the seller will continue to finance the properties for you, at a reasonable rate. Good luck!

Thanks @Charlie Cooper I will be mindful of that while zeroing in on a location. As for hearing more about our first deal, stay tuned! It was a truly unique deal and I will be posting a more in depth summary of the project sometime in the next few weeks.

@Raymond Temprano Thanks for the offer, I will take you up on that. Good luck to you and your partner!

Hey BP community,

My partner and I are in the process of wrapping up our very first deal, a fix and flip in Lancaster County, PA. We have gotten an education and a return on this investment that was well worth the struggle. While we couldn’t be more excited to take a small break, we’re also ready to begin planning for our next investments here in the Lehigh Valley...

Our goal is to acquire four rental units this year, one of them being a househack. We’re beginning this journey by forging some connections and gathering insights from investors who understand the market. If you have anything to share about Multi-family in the Lehigh Valley, consider leaving a comment for us. We'd be particularly interested to hear about different meetups and tips for investing in this area. Thanks in advance!

Great! Thanks for the advice everyone. You have given me a lot to think about! 

Hello, 

I am making an offer on my future mother in-law's home and seeing as it will be my first time buying a property I could really use some advice. It is an off market deal and I would like to proceed with out an agent (although It would be nice to have one to hold my hand right now!!). So far I am pre-approved for the loan, I am currently working on a P&S agreement, and after that I plan to schedule an inspection/appraisal. My main concerns right now are making sure the P&S agreement is legit and how to go about closing (who, what, when, where and how?). Any and all insights are welcome!

Thanks!

@Martin Dillon Thanks!

Hello!

I have recently had an off market deal come up in the Lancaster County area, specifically Colombia. I do not know much about this area and am looking for some professional insight and eventually services. I know Lancaster itself is a pretty interesting, up and coming town/market, but what about the surrounding areas such as Colombia? ALL insights, advice and/or recommendations are welcome.

P.s. Any recommendations for home inspectors in this area? 

Thanks! 

@Jason Reynolds, that is awesome I wish you the best of luck! I am glad to connect with like minded people in the area and would love to hear more about what you have learned. I will definitely be in touch!

@Anthony Dadlani, thank you for the great advice, I think this is a route I am definitely going to pursue. Do you have any tips on presenting a joint venture deal to a potential partner? 

...Best of luck to you too.  

@Nick Peters, thanks for the warm welcome, those resources have been extremely helpful, thank you!