Keep in mind, the transactional costs of selling a property in Philadelphia with the high transfer taxes and brokerage fees (althoug these are expected to be reduced in light of the landmark NAR settlement that occurred yesterday), adds additional transactional costs, especially in instances where the home was purchased as recently as last year as is the case with your home.

@Mark Heidenberg do NOT treat this lightly!

I'm not lighting pitchforks or anything and don't WANT to sue anyone, but it sure is a nice daydream when the fifth virtual assistant of the day is calling with the same script I've heard for a year now. 

Purchase price: $53,000 Cash invested: $12,000 Single Family 2bed 1 bath home, light rehab, rented for $1200 per month.

Glad to help, I had two deals under contract in Cleveland but once inspection came back and the agents GC walked through we identified more cost to rehab than factored and we asked for price reduction but sellers held at their price and couldn't come to negotiation so they were released.As far as where I am currently, I want immediate cash flow so I have switched to buy and hold.. goal being light rehab. 

. - New roof- Gutter guards- New floors- New cabinets- Granite countertops- New stainless steel appliances- New tile in bathrooms- New light fixtures- New carpet in bedrooms- Fresh paint- Custom accent wall- Parking pad- New windows- New exterior paint- Updated light fixtures- Fans in the bedroom- First floor primary bedroom- First floor washer/dryer hook ups- Wrap around porch- Ample off street parking- Bonus room on 3rd floor What made you interested in investing in this type of deal?

Can anyone shed some light on why the HMLs only want to talk on the phone and their so secretive about rates?

This 3BR/2BA home in the Portland neighborhood boasts updated floors, light fixtures, paint, updated kitchen with stainless steel appliances, updated bathrooms, fenced in yard, and more.

This 3BR/2BA home in the Portland neighborhood boasts updated floors, light fixtures, paint, updated kitchen with stainless steel appliances, updated bathrooms, fenced in yard, and more.

Recently updated with brand new countertops, fresh paint throughout, sleek new flooring, and stylish light fixtures, this home offers a chic and turnkey living experience.