All Forum Posts by: Matthew Constantini

Hey Usman, I have someone for you! I just sent you a dm. 

Hey Joel, would love to connect and help you out. I'll shoot you a pm!

Hey Lisa! I work with a bunch of contractors, i'll shoot you a PM. 

Hey Oyin! I have a bunch great contractors i work with. Lets connect!

@Ryan Klein Welcome to the community! I'd love to connect you with the resources you'll need to invest in the Philly market. Ill shoot you a DM. 

Hey Jeff, 

Welcome to BP! Would love to connect.

Hey Mark,

Welcome to Philadelphia! Im an agent in the area and would love to connect. I'll shoot you a PM! 

Hey Kyle, Welcome to Biggerpockets! Would love to connect and help out in anyway. Feel free to reach out whenever!

Hey Ryan!

Given your preferences and priorities, Philadelphia may indeed be the more suitable choice for you.

1. Landlord Friendliness: Philadelphia has landlord-friendly laws compared to some other cities. While tenant protections are strong, landlords still have legal recourse to evict non-paying or problematic tenants. It's essential to familiarize yourself with the local landlord-tenant laws and work with a reputable property management company to ensure smooth operations.
2. Short-Term Rental Laws: Philadelphia has regulations on short-term rentals, but it is still possible to operate Airbnb and similar platforms within the legal framework. Regulations may vary depending on the neighborhood, so research is crucial. Columbus also has regulations regarding short-term rentals, but it's essential to check the specific ordinances in each city.
3. Property Taxes: Property taxes in Philadelphia are generally higher than in Columbus, but the difference might not be significant enough to outweigh other factors. Additionally, higher property taxes can sometimes correlate with better city services and amenities, which can be attractive to tenants.
4. Cash Flow: While property prices may be higher in Philadelphia, rental demand is generally strong, especially in desirable neighborhoods. With careful research and property selection, it's possible to find properties with good cash flow potential. Columbus may offer lower purchase prices, but as you mentioned, oversaturation from investors could affect rental rates and appreciation in the long term.

Considering your interest in Philadelphia's vibe and your desire for a potentially better investment environment, it seems like Philadelphia aligns well with your preferences and investment goals. 

Hey Val! Im an agent in the Philly area, would love to connect and answer any questions you may have. Feel free to reach out whenever!