Private NY Real Estate Investors looking to get into Philly

Private NY Real Estate Investors looking to get into Philly

Philadelphia, PA · Member since 2020 · 5 posts · 4 votes

Hello, 

I am wondering if there are any private investors seeking entry into the Philly market? or if you have experiences working with NY private investors, please share. 

I have recently begun my own real estate LLC in the Philadelphia area after 4 years of working with a full-time investor. I have an experienced team and great knowledge of and contacts in the Philadelphia market. I recently bought and renovated my own live-in flip to the tune of 53% ROI. As I move into this new chapter, any and all guidance or related experiences are welcomed.

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Developer · Philadelphia, PA · Member since 2013 · 1k+ posts · 902 votes
6y

Hi Graham, 

I partner almost exclusively with out of area investors to build new construction multifamily projects here in Philadelphia, including a few from NYC in the past. What info would be helpful for you? Are you looking to do the same? What neighborhood is your live-in flip located? 

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  • Developer · Philadelphia, PA · Member since 2013 · 1k+ posts · 902 votes
    6y

    Hi Graham, 

    I partner almost exclusively with out of area investors to build new construction multifamily projects here in Philadelphia, including a few from NYC in the past. What info would be helpful for you? Are you looking to do the same? What neighborhood is your live-in flip located? 

  • Investor · New York City, NY · Member since 2016 · 155 posts · 105 votes
    6y

    I live in NYC and own properties in Philly.  Let me know if I can help with anything.  

  • Philadelphia, PA · Member since 2020 · 5 posts · 4 votes
    6y

    Hi Troy and Mark - Thanks, for responding. I'm really specifically wondering how you go about linking with investors and what avenues you use to connect with them? I am not so much interested in multi-family new construction as I am existing single family homes because of the beauty of old Philadelphia architecture. My live-in flip is located in Powelton Village.

  • Property Manager · Philadelphia, PA · Member since 2015 · 515 posts · 196 votes
    6y

    I'm not 100% positive what information you are looking for? Just networking, deals or partnerships?

  • Real Estate Agent · Philadelphia, PA · Member since 2013 · 116 posts · 37 votes
    6y

    Hi @Graham Lucas,

    I'm currently working with investors from New York breaking into the Philly market. Feel free to contact me with any specific questions. 

  • Real Estate Agent · New York, NY · Member since 2019 · 12 posts · 9 votes
    6y

    @Graham Lucas reach out to Shawn Washington. Best realtor in Philly hands down. I live in Queens NY. Shawn is my realtor.

  • Philadelphia, PA · Member since 2020 · 5 posts · 4 votes
    6y

    Thanks @Emmanuel Depas, I'll certainly connect with @Shawn Washington. 

    @Joe White I was specifically asking about connecting with investors and any tips on that. I also saw that in another thread you mentioned you had some recs for local Philly banks that are good for cashout-refi. That would be helpful info for me. 

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