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7 January 2025 | 7 replies
In a city like Philly, you will face many challenges - you need to learn the market and know the neighborhood and the block and make sure all of your numbers are within reason, you need very reliable contractors, you need a to understand the permit process, you need to be familiar with market expectations.
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3 January 2025 | 3 replies
@Phil SheltonYou would need a civil engineer to provide a drawing to get submitted to zoning and get a permit if it passes zoning is most common This also depends on the road - if it’s a state road forget it as it will take a year to get approved and cost a fortune - if it’s a local road process not as cumbersome but don’t expect this to happen quicklyIn some instances you may have to prepare sight distances etc to make sure it’s safe to add a curb cut
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13 January 2025 | 11 replies
We had planned on eventually redoing the kitchens and floors in both units once we turned over new tenants, but the evictions accelerated that process.
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5 January 2025 | 2 replies
I'm in the same process and have the same question.
12 January 2025 | 10 replies
Then it's just a matter of finding your next flip and rinse/repeat the process.
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8 January 2025 | 8 replies
Make sure you understand the auction process and are prepared for any unseen issues with the property.Auction Considerations: With auctions, pay close attention to the condition of the property, title issues, and financing restrictions.
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3 January 2025 | 26 replies
I desire to begin investing asap so I started the process of learning as much as I can by reading and watching videos.
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9 January 2025 | 13 replies
And start the tedious process of building those relationships.Or you could skip all that and find a mentor that also has the community of likeminded people.It will take you less time but is likely going to require an up front investment.Btw have you done a deal yet or would this be your first?
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4 January 2025 | 5 replies
This ensures that any payout for damage or liability can be processed more smoothly, and it can help protect your interests if something happens on the property.
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6 January 2025 | 15 replies
I wouldn't write off Zillow/MLS deals entirely - off market happens but it's just way more rare than you think and many good deals can still be found online.