All Forum Posts by: Stephen Moskowitz

@Gina Jurlando that would only be the part near the water. I actually grew up in the New Springville/Willowbrook area. No raising or stilting there.

Also, Do you mean that the prices have gone down because of the raising etc.?

Has anyone looked into Staten island?

Hi all,

I am "new" to Philidelphia and recently got 2 offers on 2 condos in Southwest Phili. One is 5546 Chancellor st and the other is 716 S 56th st. One is refurbished and one not yet. Both bought off auction. Asking price is $55,000 and projected  rent is $800.

Does this make sense?? Are prices going up or down there. Does the rent make sense.? Phili is such a "block by block" city it so hard to tell without being there. @Paulette Midgette I have seen in the past you had a feel for this part of town. Anyone else that can way in would be appreciated.

Also did anyone have any dealing with a guy who's family name is Darmon?

Thanks.

Possibly.

Does the price make sense for that part of town? Any other comments, suggestions etc.?

@Rick C.

Refurbished townhouse on Allman St. $55,000. Already rented for $800, management already in place.

I've been offered a number of investments in West Phili. Both Townhouses and land development. Just looking for more info on the topic i.e. comps, other opportunities in the greater Philly area.

@Omar Merced

What do you define "involved"? I am overseas so I am obviously limited. I am happy with a long term hold though flipping can also interest me. For a multi family I would be looking for a minimum of $200.

 @Flavio Zanetti and @Jeremy Van DenackThank you both for the tip. I will check it out.

@Brandon Hayes - I hear from you it will give a general picture.

@William Morrison and @Chris May -It sounds like it will keep me "smiling".

I definitely get the idea. - The question is what is the best way for me to get the feel of a neighborhood without actually being there.

I currently live overseas and would like to find a good market for buy and hold. Either SFR or MFR could be. I have experience in managing rentals up close but this one I would have to rely on a team.

Good cash flow is important.

Great website, thanks to BiggerPockets and all of you out there!!!

I'm just trying to educate myself and get a feel for REI. I was wondering about going on to sites like Zillow. What am I looking for? Many times there properties listed well below what they "Zestimate" the real value. Are there any pointers in regards for what and how I should be looking? I know it does not replace a good working knowledge of the area but I imagine knowing how to navigate such sites could be a useful tool.

Any advice??