All Forum Posts by: Vincent M.

I am setting up a showing for next week. I am confirming with the owner. He is getting back to me at the beginning of next week. What times and days next week work best for you I will try and set it up. 

The ARV of the property is around 400k, the rehad needed is around 100K, the 1bed 1bath (x2) will rent out around 900 per month each and the 2 bed 1 bath will rent out for around 1250 per month. Durring rehad the top floor 1 bed 1 bath can be converted into a 2bed one bath. If converted total rent will be around 3,400. please let me know if you are interested in taking a look at the property. The park in front of the property is going under renovations, check out this link: http://planphilly.com/uploads/media_items/thenewfairmountpark.original.pdf

The area has a lot to offer, plus close to city and major transportation.

I am showing the property tonight 6/18 at 6:30 if anyone is interested in taking a look. 

!!!! West Philly Triplex Off Market Listing !!!!

RARE opportunity to own a park view property located near the Please Touch Museum, Mann Center, Japanese House, shopping and more.

Offered at only 259,900

Property:

5122 Parkside Ave

Philadelphia P.A. 19131

-2,610 sqft

-Zoned: RM1

-Property is occupied, can be delivered vacant. Do not disturb tenants, please call for showings.

Unit 1:

-1 Bed 1 Bath

Unit 2:

-2 Bed 1 Bath

Unit 3:

-1 Bed 1 Bath

LInk to pics:

https://drive.google.com/drive/folders/1QZl8n4W6qs...

A buyer's premium of 3% will be added.

Property in need of rehab

This house is being sold in "as-is" condition.

Please perform your own due diligence on building/rehab/ARV.

Call me today to schedule showing

Vincent Minieri

Vanguard Realty Alliance

Cell:484-463-7653

Cell:914-441-9564

Office:484-800-1777

307 N Walnut St

West Chester, P.A. 19380

Hi Paul

I just posted a thread asking about Billboards yesterday. I have not received any responses yet.  Looks like we are trying to find the same information. If you come across any of the answers to your questions please send them my way, and I will do the same.

Vince

Hello Bigger Pockets I have found a deal that did not make sense number wise. When I went back to the property I saw the opportunity to put a billboard over looking a major highway. I called up a local billboard company and they are renting theirs out at 3,000-4,000 per four week period per side. This would turn a not good deal into a great deal. Cost to build the billboard is 25,000 for wood (25yr life) or 60,000 for steel (50yr life). The pay back seams fairly quick. I would not want to be the one marketing for potential renters or responsible for putting up or taking down. Before I call the local place and see how much they charge for this service, I figured it would be good to get some advice on it from someone who has one. If anyone has any experience in this area any advice would be greatly appreciated. Thanks All.

Hello Bigger Pockets I have found a deal that did not make sense number wise. When I went back to the property I saw the opportunity to put a billboard over looking a major highway. I called up a local billboard company and they are renting theirs out at 3,000-4,000 per four week period per side. This would turn a not good deal into a great deal. Cost to build the billboard is 25,000 for wood (25yr life) or 60,000 for steel (50yr life). The pay back seams fairly quick. I would not want to be the one marketing for potential renters or responsible for putting up or taking down ads. Before I call the local place and see how much they charge for this service, I figured it would be good to get some advice on it from someone who has one. If anyone has any experience in this area any advice would be greatly appreciated. Thanks All.

I'am interested

Thanks Chris I will give that a try. Any suggestions to get there phone number or email.

Andrew Thanks for the feedback. I will definitely keep on pushing, and thanks for the script. Best Vince

Hi Bigger pockets I have been getting the Sheriffs sale list for my county, hand selecting a few of the properties and knocking on doors. I have not had too much luck yet do mostly to the fact that the people are never home. I leave hand written letters, but when I go back to the properties they are still sitting there. I would like to try and contact these homeowners by other means, such as email and phone. Can anyone recommend a web site they have used to get this information on people. I have their address and names. I would pay a monthly fee for the information if necessary, it does not have to be a free site but those suggestion are welcome too. Any help would be greatly appreciated. Happy investing!!! Vince