Miami to Philly Investing
3 Replies
Frank Trigoso
Investor from Miami, Florida
posted about 3 years ago
Hello BiggerPockets,
Happy and it's a privilege to jump into another state to invest. I relocated to Philadelphia for the sole purpose to fix and flip. I have a few potential deals in the pipeline; thus, I will love to raise the volume to increase my chances to close. What areas do you recommend to fix and flip with a budget price of 125k-150k (including rehab cost). The minimum profit is 30k.
I do understand areas of Point Breeze, Brewerytown, and Fishtown are hot but appears to be overhauled. Philly is made up of mini markets as it each one has its own personality from my insight. Any areas of directions to seek or if you may have any deals it will be appreciated as I believe in the win-win business. Thank you in advance. Happy investing.
David Weintraub
Lender from Berkeley, CA
replied about 3 years ago
You have to spend some time here and learn this place a bit. Pockets of Germantown and Mantua worth investigating.