All Forum Posts by: Robert Fish

@Alan Asriants

This is super helpful information and advice thank you Alan! I will certainly be reaching out as I think connecting in person will be beneficial.

@Greg Kasmer

Thanks Greg! This is definitely a good next step for me.

@Brendan Mullenholz

Thank you Brendan!

@Sheryl Sitman

Great idea, thank you for the suggestion Sheryl! 

Hi James - I am looking outside of Philly. More specifically Phoenixville, Royersford, Aston, Westchester to name a few.

Hey Everyone,

I have been on the search since the beginning of the year (2025) attempting to find my first investment property (Small Multi-fam). I have been using public listings such as Zillow, Crexi, Realtor.com, etc., with not much luck, so I am looking to find outside sources who may be able to assist me in finding off market properties or even someone who may have suggestions for other public listings that I should take a look at. 

I know patience is a big factor of course, however any guidance here would be greatly appreciated!

Thank you!

Bobby
 

@Alan Asriants

Hey Alan,

Thank you for taking the time to leave a reply! My search is coming along slowly as I have jumping back and forth quite a bit between finding a new full time job, as well as searching for the right first property to purchase. That is noted about the location - I would rather deal with better tenants than ones who are a pain any day. However these properties I would imagine would have lower cash flow at least in the first couple of years (maybe I am wrong I am new still of course lol), so I guess my question is how long would you normally hold onto a property until you start seeing positive cash flow? For example if you bought a property in a nice location with great tenants, but after monthly expenses are subtracted you still owe $600 for the mortgage and this kept up for 2 years (even after maybe some upgrades etc) would you look to sell? Or would you continue to hold until you start seeing positive cash flow down the line? 

Sorry if that is confusing/does not make sense, I would be happy to message you separately, let me know!

Best,

Bobby

@Mohamed Sylla

Hey Mohamed,

Thank you for this advice! That makes sense, I wasn't sure if it was worth it or not to just bank on appreciation in the long run especially without knowing if it will indeed come or not. 

That would be great if you wouldn't mind sending over some sample off market deals! From my own research it seems as if cash flowing enough to break even is hard to come by so I am absolutely open to any opportunities. I appreciate all of your help here, and look forward to speaking further.

Best,

Bobby

@Wale Lawal

Thank you so much for your response! It has been tough unfortunately finding properties that aren't in "bad" areas that have positive cash flow let alone break even. There are options out there for cheaper properties however they are in pretty rough areas and would need some decent renovations. I am willing to do renovations to a certain extent but would want them to be on a property that is located in a better area. I agree cashflow would be the primary goal right now along with finding a new position/job. Do you have any experience as a leasing agent, PM assistant, or analyst? I'd love to hear more of your thoughts!

@Drago Stanimirovic 

Drago, thank you so much for your input. I will be reaching out soon, I appreciate you being so welcoming!