I live in Manhattan, and have family in Philadelphia.Im a broker here in Manhattan and now I'm focusing on investing in Philadelphia.Please add me to your contact list of buyers for when you have a wholesale lead.

@Alan CoreyHi Alan.Let's say the property is worth 500 000$ at 95% occupancy based on its NOI and the cap rate.Therefore, the same property with 50% vacancy would cut the NOI by about half since you lose half of its revenus.Using the same cap rate for half of the NOI would lead you to a value of 250 000$.

Does that mean you haven't gotten any business the ways you marketed, or some of them did bring in a few leads/clients?

They are throwing the lead away anyway.

You got to boil down finding deals into a science.I started a forum series here on BP called The Science of Finding Deals.Here's Part 1 - the Importance of Lead PipelinesHere's Part 2 - Knowing Multiple Entry and Exit StrategiesLet me know how I can help.

I have a 3 unit in the Highland Square neighborhood of Akron which has external steps leading up to the 2nd and 3rd units.  

@Mussie T EstiphanosYou're in an unenviable position, as it's a tough place to be for starting out.The recent (and great) podcast with @James Wise would lead me to believe getting your real estate license could be a good start.

Hello Folks Heres the deal (no pun intended) i'm a realtor and every once a while a client walks into the office and is a tenant and their landlord has abandon the property. in this particular situation the landlord w...

Sounds risky, but also like it may produce greater returns.Money is tight and I really want my first direct mailings to yield the most leads.

While I understand fsbos are also great leads for potential wholesale deals, it has been my experience that no seller in the five boroughs of New York would go into contract without seeing a proof of funds or financing.I don't want to say it's because New Yorkers are too savvy (in a way I do!)