All Forum Posts by: Ricardo Fuller

Hello Andrew, I am in the Air National Guard and worked as a technician for last four years. I recently made the transition from my technician job to focus more on my RE business because of job uncertainties. I can say you are on the right path attend some local RE meet ups and meet and learn from some like minded individuals.

Welcome to BP!

 Thanks Joe I’ll try to attend these meetings when scheduled permits.

 Thank you for reference Matthew

Thanks for advice Nathan great guide!

Hello BP community, I have a few single family houses in Philadelphia and is looking for great property management co references in area.. I finally came to terms that to grow my RE business I have to outsource, help is greatly appreciated!

Hey Yuriy, This is great info thanks for posting..

Welcome to Biggerpockets Rob, Great job on first deal!

So the family member that bought from the auction bought three properties last time they went with average price around 15k - 20k. But they are a buy and hold investor that uses the brrr strategy and buys mainly for cash flow. 

Also Calvin I don’t know if you know but there are books you can buy in advance for auction at about $10 each... you can go on the website to see the properties being sold but the books are good to have because it organizes everything in order and has property info.

Pm me if you need any more help.

I was at a Philadelphia tax lien auction maybe about couple months ago and it can be a good way to buy properties. I had couple family members buy from these auctions and they didn’t have any issues with titles etc.

But obviously you have to be aware and do your research extensively to not end up with a lemon property ( trust me there are plenty). I didn’t like it last time I was there because the properties were being bidded up too high for my taste, (some near retail). 

And for those prices I can go on the MLS deal with the known instead of the unknown.

Good luck Calvin,

Hey Stephanie, congrats on your success so far! 

I actually live near Mayfair and it doesn’t seem to be a bad area. It seems like you can get descent  tenants, but The again I’m unsure of rental market.

I was also looking in Delaware county,(Darby, Collindale, Sharon hill, etc). Prices are down but taxes are high so I see how that can be a dissuasion.