Yes, the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy is still alive in Philadelphia, though some aspects have become more challenging in recent years due to shifts in market dynamics.If you’re considering BRRRR in Philadelphia, areas with recent or upcoming developments, like parts of West Philadelphia, Brewerytown, and sections of Northeast Philadelphia, can still present good opportunities, but base everything on section 8 rents to see if the DSCR and LTV makes sense

Based on my analysis, a good amount of the multi-family properties for sale within Blue Island would seem to cash-flow, but the sticker price on some of these properties seems too good to be true.

I would like to know if there is a way I can terminate the lease based on the unclear termination date or no termination restrictions indicated? 

If someone is bringing a deal and you're determing if the numbers might make sense, I use a Dollar/SQFT estimate based on amount of rehab needed

It's also important to note that the percentage of bonus depreciation that your property is eligible for is based on the year it was placed into service and not the current tax year.

Hello all,I have been actively looking for my first investment property for the last few months and have had the opportunity to put in one offer so far based on what I am looking for numbers-wise.

First thing I would do is swap out the daylight color bulbs with a warmer tone.

They can help you navigate local tax obligations based on your income sources and property ownership.While taxes are definitely a factor, don’t let them be the only one.

Has anyone heard of Mag Capital Partners based out of Texas?

I’m Tyler DeJordy, owner of DeJordy Contracting, based in Central Massachusetts.