All Forum Posts by: Mark Redmann

Hi guys, I left out one very important detail in my post: all calls are coming from vacant shells riddled with City of Philadelphia code violations and burdened by large outstanding property tax bills and high utilities balances.

I checked with my mailing guy and it turns out he pulled a mailing list I didn't approve and sent more than 1,000 letters to the addresses on it.  His list is full of vacants, which I don't necessarily disapprove of, without a second motivating factor (e.g. divorce), I would never pull a list of addresses based solely on vacancy - especially in a city like Philly, which is overrun with early 20th century dilapidated vacants. 

Can't say I'm surprised, though; my now-ex mentor referred me to this mailing guy when I started wholesaling a few months ago.  If anyone has followed my recent posts about the train wreck that is my ex mentor, it's no surprise that I'd have problems with the mailings guy.

My experience as a newbie is a warning to other newbies: stay away from shady people lest they trap you in their web/network of *&%#@.

would anyone please recommend a good plumber in philadelphia?

I have been offered a free property ($1) in a very rough part of Philadelphia. The property is a boarded up shell. I'm trying to figure out what risks I run if I purchase this and sit on it for the foreseeable future.

Aside from yearly RE taxes and HI there shouldn't be any costs I believe?

lol- are they driving mercedes?  $400 a month in taxes for a 100K house really takes a big chunk of out any cash flow.  

@Mark Redmann I see you invest in philly- do you invest in the upper darby area, or elsewhere?  the overbrook section has significantly lower taxes, but I am not familiar with the rents or the area as much.  looking for buy and hold  SF or duplex/triplex.