All Forum Posts by: Yuriy Skripnichenko
Yuriy Skripnichenko has started 123 posts and replied 489 times.
Post: New Philly Landlord General Questions
- Property Manager
- Phialdelphia, PA
- Posts 504
- Votes 627
Quote from @Sheryl Sitman:
@Nigel Girard Hey there and welcome to the world of investing! I want to caution you. There is a glut of Temple student housing and those that succeed in that market tend to be experienced in student housing -- it is a niche business that you need to learn in depth - everything from what students in that particular school look for (furnished, one bath per room, rooftop deck...) to knowing how to handle leasing to students (and parents) to the fact that you will have yearly turnovers - no long term tenants for obvious reasons. There are lots of opportunities in Philly. Try to learn as much as you can and the answer as to what is the "right" way to start will make itself apparent to you. I don't know if there is room still but there is VERY inexpensive course offered through Jumpstart NE Philly starting this week that you may want to look into. @Yuriy Skripnichenko runs that
Today is the last day we are accepting applications for the fall cohort. It will start this Thursday and it is in person every Thursday for 5 weeks. Feel free to reach out.
Post: Learn from Local Experts: Register for Educational RE program Jumpstart NE Philly
- Property Manager
- Phialdelphia, PA
- Posts 504
- Votes 627
We have one more confirmed speaker @Alan Asriants - local agent, who will be talking on deal sourcing!
Still time to register!
Post: First Time Advice
- Property Manager
- Phialdelphia, PA
- Posts 504
- Votes 627
I'm a local investor, broker and a property manager. We are launching new Jumpstart program for local investor teaching how to invest in Philadelphia. You find details in the events section and feel free to DM me. This would be a great place for you to learn from local lenders, investors, developers and landlords and get the knowledge that you need to kick start.
Post: Learn from Local Experts: Register for Educational RE program Jumpstart NE Philly
- Property Manager
- Phialdelphia, PA
- Posts 504
- Votes 627
Post: Investors from abroad looking for the right agent and team
- Property Manager
- Phialdelphia, PA
- Posts 504
- Votes 627
I second @Alan Asriants. Talk to him, he knows the area well.
I'd also recommend checking all Philly rules and regs and reporting. You will need to have local taxes paid as well. We have multiple out of state investors that come to Philly with the same goal of a cash flow and appreciation but unfortunately they invest in the areas with very high delinquency rates. You really need to understand our market to make right decisions.
Post: Philly Newbie Turning Research into Action — First House Hack in Sight
- Property Manager
- Phialdelphia, PA
- Posts 504
- Votes 627
Hi Andre,
I'd suggest reaching out to @Alan Asriants He is a local RE Agent and he had a house hack himself in FoxChase.
Post: Learn from Local Experts: Register for Educational RE program Jumpstart NE Philly
- Property Manager
- Phialdelphia, PA
- Posts 504
- Votes 627
Quick update on this post! We've confirmed new speakers for one of the classes: representatives from the Philadelphia Housing Authority (PHA) will now be joining us.
They'll be covering opportunities with Philly Section 8 and how to work with them effectively.
Post: Learn from Local Experts: Register for Educational RE program Jumpstart NE Philly
- Property Manager
- Phialdelphia, PA
- Posts 504
- Votes 627
Don't miss your chance to join our first cohort starting September 4th!
We'll meet every Thursday at 4 PM, with our last session on October 2nd. With a case study and additional day for a development (rehab) site walkthrough where you can ask questions directly from the project developer.
Space is limited, so be sure to register soon!
Check out our amazing lineup of speakers:
- Rachel Fradkin with Philly Rental License
- @Sheryl Sitman with Real Landlording Philadelphia
- Phinehas Hall with PHA Mobility Program
- Jesse Smith with JLS Architects
- @Joseph Scorese with Lendmarq
- Yuriy Skripnichenko with TrustArt Realty
Ready to take the next step in your real estate journey? Apply here today: https://forms.gle/1sQwTX5KnNpDU6mE8
Post: BRRRR Success in PA?
- Property Manager
- Phialdelphia, PA
- Posts 504
- Votes 627
@Alex Bekeza thank you for the tag.
I invest in Philly only and buy and hold only, no flips. And we do manage properties here in Philly as well. Feel free to connect.
Cheers,
Yuriy
Post: Rental Portfolio Property Insurance
- Property Manager
- Phialdelphia, PA
- Posts 504
- Votes 627
I’m in the same boat—currently looking for a new broker as well. I need someone who can shop around with multiple carriers and offer a range of options, including General Liability under a business entity and Builders Risk policies. Over the past year, I’ve seen significant rate increases, and several providers either pulled out of the market entirely or chose not to renew my policies. If anyone has a broker who’s still delivering solid coverage and competitive pricing, I’d love a recommendation.