New here - buying distressed single-family homes at Pennsylvania county auctions
Hi everyone,
I'm Arturo. I run distressed single-family acquisitions in Pennsylvania with a team on the ground, while I handle the analysis and underwriting remotely.
Over the past year I've closed six properties across four counties in the state, all bought well below their finished value. The model is simple: acquire at a real discount, renovate with a local crew, and hold or exit from there.
I'm not here to teach anything. I'm here to learn from people doing renovation and property management in Western PA, and to compare notes with other operators buying distressed.
A couple of things I'm working through right now that I'd love input on: filling a finished rental remotely without being there to show it, and finding property managers worth trusting from a distance.
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- Chris Seveney