Real Estate Success in Delaware County, PA – Two Deals, Strong Cash Flow, and Equity

[John P Becker]

Hey BP community,

I wanted to share a quick success story about one of my clients who's been making smart moves in Delaware County, PA, with two solid investment properties that are performing well.

🔹 Deal #1:

• Purchase Price: $220,000
• Renovation Costs: ~$60,000
• All-In: $280,000
• Rented For: $2,800/month
• The tenant just renewed for another year, and we were able to increase the rent slightly to keep pace with inflation.
• He recently completed a refinance on this property, and it appraised at $385,000 — a great bump in equity that gave him some options for the next deal.

🔹 Deal #2:

• Purchase Price: $228,000
• Renovation Costs: ~$45,000
• All-In: $273,000
• Rented For: $2,500/month
• This one was just recently completed and rented. Great tenant in place, and solid cash flow right out of the gate.  Other homes in the area that are not as nice are selling in the low 300's.  

Both of these are solid BRRR-style investments, and he's already eyeing property #3. The key has been buying smart, renovating with rentability in mind, and working with a team that understands the local rental market and ARV potential.

If anyone’s considering investing in the suburbs west of Philly (Delco, Main Line, etc.), there are still great deals to be had — especially if you're willing to put in some renovation work.

Happy to answer questions about the area, renovation strategy, or how we underwrote these deals.

– John Becker "The Running Realtor"
Licensed Agent | Investor-Friendly Realtor | Delaware County, PA