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All Forum Posts by: Tim DiCicco

Tim DiCicco has started 9 posts and replied 46 times.

Post: TurnKey 4 bdr in Philly.

Tim DiCicco
Posted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 49
  • Votes 8

Hi Nate,

4119 Stanwood street

Philadelphia , Pa 19136

The price is $149,900 and yes it is still available. If you would like to do a walk through or have any other questions , do not hesitate to contact me. 

Pictures of Stanwood and some other of our listings can be found @

Petersgordonrealty.com

Thanks for your interest. 

Happy New Year!

All the best,

Tim

Post: Looking To Buy First Property In Roughly 10 Months

Tim DiCicco
Posted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 49
  • Votes 8

Shawn,

Your in the right path. Your ideas are solid. Piece of advice would be to continue to listen the podcasts and absorb all the quality info available on BP.

If I can be of any help, don't hesitate to contact me.



Post: Looking for a reliable property management in Philadelphia

Tim DiCicco
Posted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 49
  • Votes 8

Hello Mrs Ly,

Congratulations on your first investment property! 

Please allow me to introduce myself. My name is Tim DiCicco. I am an investor and a Realtor here in Philadelphia. I work for Peters and Gordon Realty. We are a full service realty and property mangagment company located at 244 W Girard ave.  

I would be more than happy to discuss our services with you. Please feel free to reach me by phone or email, which ever you may prefer. I look forward to the possibility of working with you.

Best Regards,

Tim 

PS. Please PM me for my contact info. 

Post: TurnKey 4 bdr in Philly.

Tim DiCicco
Posted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 49
  • Votes 8

Introducing a lovely 2,000 square foot twin located in the Holmesburg section of Philadelphia. This spacious home features a large living room, dining room, kitchen, four bedrooms, one bath. The sellers have added lovely upgrades throughout the home including: new windows, brand new high efficiency gas heater, new hot water tank, new electrical box/service, hardwood floors, new kitchen with lots of cabinet and counter space, stainless steel appliances, new flooring on the second floor and a renovated bathroom. In addition the home includes a large basement for additional storage and a rear fenced yard for outdoor living space. Seller also installed a newer rubber roof! Schedule your showing today!

Figures below are an estimation based on current market conditions at the time of posting:

Monthly Income:
$1,200.00
Monthly Expenses:
$639.89
Monthly Cashflow:
$560.11
Pro Forma Cap Rate:
9.66%
NOI:
$14,400.00
Total Cash Needed:
$29,800.00
Cash on Cash ROI:
22.55%
Purchase Cap Rate:
9.66%

Post: HUGE pride reduction! Motivated seller!

Tim DiCicco
Posted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 49
  • Votes 8

HUGE pride reduction! Motivated seller! Calling first time buyers and investors to this cozy row well maintained row home. The first floor features a large living , dining room and eat in kitchen. The second floor consists of e spacious bedrooms, a full bathroom with tub & shower. The home also has a large basement for storage and could be finished for additional living space.

Average rent in this area $950/month 

PITI w 20% down @ $292/month 50% rule= $475/month.

 together $767/ month CASH FLOWING- $183/ month

COC R.O.I = 16%!!!!

Hard to make that annually in the stock market

Seller assistance being available. Schedule your showing today!

Post: 10 Year Tax Abatment!! New Construction West Mt. Airy Philly

Tim DiCicco
Posted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 49
  • Votes 8

Introducing New Construction in West Mt Airy! This twin home features an array of lovely features from top to bottom ranging from. The 1st floor offers an open floor plan, hardwood floors the entire first floor, full bath, study or 5th bedroom, large country kitchen with ample granite counter space, island, recessed lights, stainless appliances and massive family room with a gas fireplace. The 2nd floor includes spacious 4 bedrooms, laundry room for added convenience, hall bath, master suite with recessed lights, walk in closet and luxury bath room with shower, dual sink and soaking tub. In addition the large basement will be partially finished for additional living space (man cave, play room) still leaving ample space for storage. Other features include central air, stucco facade, off street parking, a rear deck (15x12), builder warranties and a ten year tax abatement. Schedule your today!

Post: Philly 2-4 units

Tim DiCicco
Posted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 49
  • Votes 8

Corey,

That all depends on your price range. Neighborhoods in Philly vary from block to block.

If I can help you better understand our market here. Feel free to PM me.

Tim

Post: Just Really Getting Started Here In Philadelphia

Tim DiCicco
Posted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 49
  • Votes 8

Welcome to BP! You are definitely in the right place for making connections and learning about real estate. 

So where are you buying houses? What neighborhood are you concentrating on?

Best of luck,

Tim

Post: highest and best offer?? How much would you offer?

Tim DiCicco
Posted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 49
  • Votes 8

Post: highest and best offer?? How much would you offer?

Tim DiCicco
Posted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 49
  • Votes 8

Wow, that backfired! I tried to copy and paste