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All Forum Posts by: Ty Wesley

Ty Wesley has started 24 posts and replied 72 times.

Post: Offering free heat?

Ty WesleyPosted
  • Philadelphia , PA
  • Posts 80
  • Votes 1

Ok I see what y'all mean. Im gonna scrap that idea, thank you to everyone on this thread for your input and advice. It is greatly appreciated!!!

Post: Offering free heat?

Ty WesleyPosted
  • Philadelphia , PA
  • Posts 80
  • Votes 1

Sorry Max. I'm planning on my first investment property being in delaware. Their property taxes there are low enough for me to still turn a positive profit after paying a bill of $200 to $300 per month. So what I meant by "getting away with it" is still getting a good enough amount of positive income. I see plenty of landlords offering free heat in there listings out there. So I think a lot of Investors do this in the Wilmington, DE area.

Hope I cleared that up for you. Thanks for your input :-)

Post: Offering free heat?

Ty WesleyPosted
  • Philadelphia , PA
  • Posts 80
  • Votes 1

That's why I love this site. Thanks for all your advice guys. I kind of figured I could get away with it if the bill always stays between $200 and $300 from month to month, but I guess thats not a very realistic estimation, huh?

Post: Offering free heat?

Ty WesleyPosted
  • Philadelphia , PA
  • Posts 80
  • Votes 1

What's up BP Members?:-)

I'm a newbie from Philly, PA looking for some general opinions on a question.

I have yet to purchase my first investment property, and I've never bought or owned a home so I'm not really familiar with the heating costs of a regular 3 bed 1 bath rowhome. I currently live in one with my parents and every winter I hear them complain about how high their heat bills are (gas heat from the city). We live in an urban area of north Philly and I often hear neighbors in general complain about expensive gas costs also. Due to this I'm thinking of offering free heat in my first SFR because it seems to be a high demand for it.

So my question is, how high do gas bills actually go over the course of a month in urban, city areas in the winter?Are we talking between $200-300 or higher than that?

Thanks in advance for any answers, and please excuse my rookie ignorance lol

I feel like I just learned a few very important things about being a landlord just by reading through this thread. Thanks for sharing all your valuable info and experiences guys.

Ms. Focus thanks for sharing your story and best of luck to you. You seem like a very honest businesswoman.

Whattup Peter G!!! Lol

(i love this site)

Post: Williams & Williams Auction

Ty WesleyPosted
  • Philadelphia , PA
  • Posts 80
  • Votes 1

Do all of their properties have free and clear titles?

Post: Williams & Williams Auction

Ty WesleyPosted
  • Philadelphia , PA
  • Posts 80
  • Votes 1

Ok, great info, thanks guys!! I can't wait to attend my first one. Do you have to register your name in advance like the Philly sheriff sale?

Post: Williams & Williams Auction

Ty WesleyPosted
  • Philadelphia , PA
  • Posts 80
  • Votes 1

Thanks Kevin. A lot of their properties that they list in my area look like they are in pretty good condition so that made me curious about how well their auctions are handled. I'm curious as to how high the auctions with $1000 minimums actually go.

Post: Williams & Williams Auction

Ty WesleyPosted
  • Philadelphia , PA
  • Posts 80
  • Votes 1

Hey everyone. I'm a newbie working in Philly, Pa and I just wanted to get some opinions or experiences on the Williams & Williams auction. I've read some of the older posts about them on here, but has anyone attended one recently? Do they really reject most winning bids?

Post: Are the sheriff sale listings really accurate?

Ty WesleyPosted
  • Philadelphia , PA
  • Posts 80
  • Votes 1

Thank you steve! These links contain great info for me to reference back. I really appreciate this