We purchased our first LTR property this summer and have a renter since September.

It got me thinking about how major developments like this are impacting property values, demand, and investment opportunities around our area.

when you buy a property you'll have a down payment, closing costs,  rent-ready costs, costs to get set up with a PM, a commission to place a tenant...

@Maura WinklerI would look into getting a portfolio loan against your US real estate to acquire that property.

That said, Kensington (north of Lehigh) is another world that I dont touch even though I have a property just south of lehigh in east Kensington (still some zombies) but has stayed rented with great tenants and no vacancy for 5 years.  

My wife and I both as members of the LLC solely for the purpose that the loan and title are under both of our names so when transferring this property over from personal to the LLC I am trying mainly to prevent the property from technically changing ownership and “uncapping” its value for property tax purposes. 

Budget time and energy to manage the property manager. 

thats when you sell a property that has an existing note on it..

The most basic step is to ensure that our form is in a highly visible, easy-to-access location where visitors can simply fill in their name, email, phone number, and property address.It’s honestly ridiculous that the BBB accreditation is ABOVE the form where the lead should input their details for your acquisition agent to contact them!

You can put a little as 5% down payment for conventional or 3.5% for FHA.Alternative way, is to acquire the 2nd property as an investment property with conventional, while putting 15%-25% down payment.