Newbie again in Philadelphia
Hi all, looking forward to getting back into the RE game and found this site through Brandon Turner's site and it feels like home already!!! So, a bit about me, I bought my first home, a fixer-upper, in '97, followed shortly after by 2 duplexes and interspersed over the next 10 years with a few HUD flips and another personal residence that was a HUD foreclosure as well that I sold for a nice profit. This was all in Southern NJ and before the economy took a dump! I got divorced around the same time and had to liquidate all my properties, luckily right before the crash, so I wasn't hurt too badly.
I've remarried and have lived in Philadelphia for the past 5 years, first in the Art Museum area and now in Brewerytown, renting in both places. Our current lease is up in approximately 6 months and I'd like to get back into investing and have to decide whether to buy a multi-family and live in it, a fixer-upper and resell in 2 years or continue renting and start flipping. I've done the live-in/fix/sell and owned multi-families (Section 8 tenants) but never a flip.
I'm hoping to learn more about my options, new techniques, laws, and local market conditions in these turbulent economic times and hopefully connect with a few local investors. Thanks for having me!!!