All Forum Posts by: Dmitriy Andreyev

@Joshua D. Where are these great deals ? Sorry I’m way off Topic . You shouldn’t get a w-2 Job but definitely take a something out of your monthly Cash flow to pay for you lifestyle .

@Garrett Sowle My business partner and I are going to drive to Philadelphia today and get a better understanding of the neighborhoods . Do you have time to meet up and show us any low priced properties ? If not can you refer me to any agents or offices that specialize in foreclosure properties?

@Aaron Osgood Thank you for your insight. Do you believe this area is better for rentals or fix and flip properties ?

@Chris Martino Thank you for the helpful advice . I now have some research to do !

@Chris Martin Thanks for the quick reply ! Are there any neighborhoods in particular you could suggest I take a look at ? Any advice would be greatly appreciated .

@Yuriy Skripnichenko Thank you for the reply . Yes with a 50k property I would expect to put between 15-20k into the rehab. A few neighborhoods that interested me were : Grays Ferry , BreweryTown, Point Breeze . Are most low priced properties in the 50k range required to be an all cash purchase ? I was also very interested in the Sheriff Auctions but it seems like you have to really know the neighborhoods to purchase at these events .

I am a first time investor and doing a bunch of research . As I’m sure you guys know how overwhelming the abundance of new information can be ! I’m looking for a decent rental or fix and flip property for around 50k. I live in NYC and was thinking that I should start with my first property within driving proximity to home . Does anyone have experience in the Philly Market ? Please let me know what you guys think about renting or flipping in Philly !

@Alexander Felice What are some suggestions for good Midwest rental properties? I’m looking for my first investment property. I live in New York and looking for something close by but I am open to other markets .