All Forum Posts by: Yechiel W.

Do you find NJ landlord friendly in General? 

I'm afraid of investing in AC due to rough tenants not paying. Do you find that the case? 

Hey guys, 

I purchased 0.2 acres (double lot) of residential property in Putnam County Florida during the housing crash in 08-09 for $1200ish. Value went from 4.5K-> 2.5K and been paying $50-60 per year in taxes. I have recieved multiple offers this year from land flippers from $700-$1200.  I'm on the fense to just let go of this or keep holding on. No plans to build on the land for the foreseeable future. 

@Inna and @Jimmy thank you so much for your valuable insights. You have opened my eyes into the NE philly area! 

I'm looking into the market as a possible viable option. 

Good thing you didn't go into actuary work as it would be all statics.... 

Great job Inna!

I was looking into Northeast Philadelphia duplexes, but im afraid it's a bad area. Lots of trash on the streets, poor schools, and high crime rates. 

Do you have any issues with rent or property damage? 

Bensalem prices seem a bit too high for good cash flow so far from what I'm seeing. I was running some numbers on a couple properties that I found in levittown and Langhorn and they too came back with negative cash flows. 

I started looking into Allentown and happened to find Quakertown, south of Allentown with perhaps a better school district. Just curious how partnering up in REI works regarding ownership percentage, dividing up the work/management?

Best of luck with this process!