All Forum Posts by: Drew Oberholtzer

@Manolo Sorry we are looking to partner. Let's discuss further. Drew

I need some help analyzing my portfolio in Philadelphia to determine how I should proceed. I own 3 SFH in Philadelphia (Fishtown). I've owned them for 13 years with 2 of my brothers. Collectively they hold $360,000 in outstanding mortgage and are estimated to be worth $1,000,000 based on comps. Each house has add value oppurtunities that would increase value and rents. They are currently rented for $4550/month. We have an opportunity to partner with another brother to add value and increase value by $250,000 (second bathrooms, new kitchen,). If held rents would increase by $1500/month. My question is whether to partner and increase cash flow, value, and leverage or sell and reinvest in something else individually.

We're a licensed design team looking for experienced builders/contractors in the Los Angeles County area for single family construction. Please let me know if you have any recommendations.

I've never worked with him and want to see if anyone has had any experience dealing with him.  I'm an out of state investor, but very familiar with Philly and have a team of ten years on the ground.

Has anyone worked with Philly wholessler Clay Packel?

Does anyone know any portfolio lenders in Pennsylvania?

Does anyone have any recommendations for a contractor handyman preferably in Fishtown/Port Richmond?

Can anyone recommend a good real estate lawyer in Los Angeles?

Thanks,

Drew

Nathan Lipton

I'll message details.

Damien,

I'll definitely keep you in mind.  I'm closing on a house the 17th.  I've already signed a contract with Nate Lipton (he owns a few properties in the area), but I might be buying more in the area.  

Thanks,

Drew