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Updated about 9 years ago on . Most recent reply

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21
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5
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Ronesha Fisher
  • Philadelphia, PA
5
Votes |
21
Posts

Looking for great properties In Philadelphia

Ronesha Fisher
  • Philadelphia, PA
Posted
I just a few general questions and or comments about what I am currently doing at the moment. So I recently got the approval of the loan and I did a small amount of around 100,000 although that's not much it's a start. So I'm just looking to be in a nice area and look at a duplex with not much renovations on the house I know I am probably looking for a bit much with such low amount but I just feel it's some hidden Gems out there but I feel I have the worst real estate agent who's sending me nothing on the weekly basis and also if she sends me anything it's occupied. I would like some tips on where I can find some semi-great locations and also a possibility of real estate agents that may be able to help. I am in the Philadelphia area willing to move in surrounding areas as well Thank you

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351
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80
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Ryan Cameron
  • Investor
  • Philadelphia, PA
80
Votes |
351
Posts
Ryan Cameron
  • Investor
  • Philadelphia, PA
Replied

@Ronesha Fisher. Nice to hear you are starting your investment journey. Are you looking to find a duplex, rent a unit, and live in the other (House-Hack)? 

I Think $100K is a good starting point for a duplex in a solid neighborhood, with minimal work. This budget works depending on the area you are looking.

If you don't like how your agent is performing, then get another one, but ask yourself are you being realistic in your search (An example would be looking for a duplex in Northern Liberties, or Point breeze with your budget and all your wish list items checked. That would be unrealistic in my opinion).

You may have a better shot in Southwest Philly (19142), West Philly (19131), some of Germantown (19144), or even West Oak Lane (19138), just to name a few

Best of luck to you!

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