Diversified Investors Group - Philadelphia Commercial Sub Group

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Diversified Investors Group - Philadelphia Commercial Sub Group

May 3rd , 2016

Speaker: Brian Meara - Shorts Sales (How to Maximize Profits When They Arise)

•The Short sale package

•Short sale offer

•Bank processing

• Finding Properties

• Know the Numbers

• Costs of repairs and renovations

• After Repair Value (ARV).

Carrying costs

•Property taxes

•Insurance

•Condo and association fees

•Utilities (electric, gas, water, sewer, trash)

Determine Profitability

Profit = ARV ˗ Purchase Price ˗ R&R Costs ˗ Carrying Costs

1st Tuesday of the Month

6:30 PM to 8:30 PM

London Grill 2301 Fairmount Avenue, Philadelphia, PA

Joseph,  I recently bought properties here in Philadelphia thru tax sales.  I need help in learning/executing the "complaint in ejectment" process.  Do you know any attorneys that are familiar with that process. I have people living in the houses that I know own and need help getting them out.  If not attorneys, do you know anyone in your network that has been thru this process.  Thank you in advance for any help...