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All Forum Posts by: Yuriy Skripnichenko

Yuriy Skripnichenko has started 122 posts and replied 479 times.

Post: Looking for PM in Philadelphia with Section 8 experience

Yuriy SkripnichenkoPosted
  • Property Manager
  • Phialdelphia, PA
  • Posts 493
  • Votes 613
Quote from @Stefanie Garner:

Hi! I'm closing on a 3br property in Philadelphia 19104 that I would like to rent out to Section 8 when rehab is complete. I'm looking for a good property manager who is also well versed on Section 8.    I'm new to Section 8 and would also like to know if PM's can help screen S8 tenants? 

Let me know if you can help. 


 Hello Stefanie, 

TrustArt Realty manages properties in Philadelphia including PHA (Section 8). I just sent you a DM. Feel free to reach out. 

Cheers, 

Yuriy 

Post: Property Management Company Recommendations

Yuriy SkripnichenkoPosted
  • Property Manager
  • Phialdelphia, PA
  • Posts 493
  • Votes 613
Quote from @Eric Greenberg:

Try reaching out to @Yuriy Skripnichenko

@Eric Greenberg thank you for the tag! 

Feel free to reach out with any PM questions you may have. 

Cheers,

Yuriy 

Post: Invester Agent Request

Yuriy SkripnichenkoPosted
  • Property Manager
  • Phialdelphia, PA
  • Posts 493
  • Votes 613

@Alex Bekeza

Thank you for the tag.

We manage properties in Philadelphia. Feel free to reach out if you have any questions.

Cheers,

Yuriy

Post: Investing in Philadelphia

Yuriy SkripnichenkoPosted
  • Property Manager
  • Phialdelphia, PA
  • Posts 493
  • Votes 613

@Alex Bekeza thank you for the tag. 

We manage properties in Philadelphia. Feel free to reach out if you have any questions. 

Cheers, 

Yuriy 

Post: Best property Management Companies in the Philadelphia area

Yuriy SkripnichenkoPosted
  • Property Manager
  • Phialdelphia, PA
  • Posts 493
  • Votes 613

@Eric Greenberg thank you for the tag!

@Luke Pastore feel free to reach out to see if we would be a good fit for each other. 

Cheers, 

Yuriy 

Post: Pet deposit in Pennsylvania

Yuriy SkripnichenkoPosted
  • Property Manager
  • Phialdelphia, PA
  • Posts 493
  • Votes 613

@Moon Molson

I would recommend call it a pet fee vs. rent. There is no standard monthly pet fees. It all should be determined by your criteria and policies for every property or in whole. 

You also must know difference between a pet and assistance animal or emotional support animal and act accordingly to the HUD, ADA and other applicable laws and rules. Here is a good explanation from HUD what you can and cannot do https://www.hud.gov/sites/dfil... 

We do screening for pets the same was as for tenants and our monthly fees are based on the score that we receive for a pet. 

Cheers, 

Yuriy  

Post: Renting without a lease

Yuriy SkripnichenkoPosted
  • Property Manager
  • Phialdelphia, PA
  • Posts 493
  • Votes 613

@Mikielle Elum

Read what @Eric Greenberg posted. Philadelphia landlord-tenant law is very different from everywhere else. We even have our own tenant screening ordinance and you cannot just come up with whichever screening criteria you want. 

Talk to your PM. If you hired a good PM they should be taking care of the lease and advise on how to proceed better for your property.

Cheers, 

Yuriy

Post: Philadelphia - Section 8 Property Manager RECS

Yuriy SkripnichenkoPosted
  • Property Manager
  • Phialdelphia, PA
  • Posts 493
  • Votes 613

@John Lee

Feel free to reach out to see if we would be a good fit for each other. 

Chers, 

Yuriy

Post: Philadelphia Property Management

Yuriy SkripnichenkoPosted
  • Property Manager
  • Phialdelphia, PA
  • Posts 493
  • Votes 613

TrustArt Realty is a locally owned property management company with vast knowledge and experience in the Philadelphia market. Proud NARPM Member (National Association of Residential Property Managers). Named Best Property Management Company in Philadelphia in 2022 by Expertise.com and by Industry Oversight Report in 2021!

We operate a full-service real estate management company that provides professional property management and real estate brokerage services.

    We take on all the stress of property management so you can enjoy on truly passive income.

    We provide owner's guarantees as:

    - Tenant Placement Guarantee - if we place a tenant and they break the lease during first 12 month we will re-lease the unit for free.

    - Eviction Guarantee – if we place a tenant and need to file for eviction during first 12 month of tenancy we will re-lease the unit for free.

    - Rent Deposit Guarantee – we know you want your money fast! So we ACH deposit your funds into your bank account.

    - Management Fee Guarantee – we do not charge management fee while your property is vacant and collect the management fee only when we collect rent.

    - Leasing Fee Guarantee – you do not pay leasing fee until we have lease signed and money received from the tenant.

    - Satisfaction Guarantee – if you are not satisfied with our services we will not charge any contract termination fees.

    We do this and much more for Philadelphia Landlords.

    Call us to discuss 267-214-5509

Check out our educational video library for PHiladelphia Landlords 

Post: Philadelphia Market Update, January 2023

Yuriy SkripnichenkoPosted
  • Property Manager
  • Phialdelphia, PA
  • Posts 493
  • Votes 613

Hi all, 

New report from Bright. 

Philadelphia | January 2023
Housing market activity slowed to its lowest level in eight years in the Philadelphia metro area. In December, there was a total of 3,909 new pending sales in the region, which was down 32.6% compared to a year ago, nearly 2,000 fewer new contracts. Rising mortgage rates have led to significant pullbacks in buyer activity. Many buyers who have paused their home search during the winter holidays may resume looking in 2023. Inventory in the region is still fairly limited. While the number of active listings increased by 23.6% year-over-year, supply fell by 15.7% compared to October. Furthermore, inventory is still less than half of what it was three years ago. New listing activity continues to be low. In December, a total of 3,922 new listings came onto the market in the Philadelphia metro area, the lowest number of monthly new listings in more than two decades.
Home Demand Index

Demand for homes in the Philadelphia Metro area was Limited in December according to the Bright MLS | T3 Home Demand Index. The Index fell 25 percent over the month and was 17.4 percent lower than one year earlier.
Demand for each type of home fell in December. The largest decreases were in the single-family and townhouse segments, each falling more than 20 percent over the month. Buyer interest was strongest for higher-priced single-family homes and higher-priced condos although demand was in the Slow category. Demand in all other segments was Limited. The months supply of higher-priced condos rose in December but fell among all other segments. The months supply ranged from 1.6 months for mid-priced single-family homes to 9.3 months for higher-priced condos.

Cheers, 

Yuriy