All Forum Posts by: Vee Vu

Hi @Nicole B. . For my budget, which areas you think I can buy? 

Thanks @Yuriy Skripnichenko for the recommendation and sharing your experience. I will reach out to you for sure when I am in Philly. 

Thanks @Etienne Martel . I really appreciate that.

@Etienne Martel Thanks for all the advice. Do you help investors in Philly too? Or you just looked at the market for your own buying? 

Do you have any recommendation for a good realtor in Philly?

@Nicholas Scatton I actually will move to the east coast. My plan is moving to the market I want to invest to get to know the market in real life, then start investing. 

@Brian Adzadi @Justin Brown  Allentown/Bethlehem/Easton market or Lehigh Valley sound very potential. I will do more research on these areas. Thank you!

Which industries dominate these areas?

@Ozzy Sirimsi Could you please explain more about a full renovation project? You mean buying a very distressed house? Do you know the cost per sqft for these type of project? 

How much is average to get a distressed property in B class in your opinion? Let's say SF - 4 doors - 2 baths or Duplex - 4 doors - 2 baths?

@Shawn Clark thanks for mentioning a great point, people work in Washington and live in Baltimore. 

In your opinion, you think of any reasons that make the builders not want to take the risk to build enough/more?  And yes, the loss of population is just in the Baltimore County. 

Do you have any zip codes recommendation for C+ or B-, B class?

@Matthew Paul @Sung Park @Susan C. Thank you for all the suggestions. I will do more research with these directions.  

Hi everyone, I'm moving to the east coast soon. I'm looking at 2 markets right now for BUY - FIX - HOLD. The pros at these markets are the housing price is very affordable and job growth is +. However, there are many cons which make me concerned:

Philadelphia, PA: population growth rate is slowing down, high crime rates, low median household income, etc.

Baltimore, MD: the population is decreasing fast, high crime rates, negative home appreciation the last 10 years, etc.

I have a saving about 100K - 150K to invest. My strategies will be buying 2 properties under 50K each, rehab, rent out, and refinance. My questions are:

1) Is it possible to get B-class properties in these areas with the money I have right now? How? Can anyone recommend any zip codes?

2) Should I still step into these markets? Any other pros and cons I did not see yet?

3) I would love to connect with investors, realtors, wholesalers, contractors, lenders in these markets. Let's hang out and learn from each other.

4) Which other markets on the east coast I should take a look beside these 2? Why?

Thank you so much!