What You Need To Find Out About Finding Philadelphia Investment Houses To Purchase

What You Need To Find Out About Finding Philadelphia Investment Houses To Purchase

 

What You Need To Find Out About Finding Philadelphia Investment Houses To Purchase

What You Need To Find Out About Finding Philadelphia Investment Houses To Purchase

 

Lots of investors are looking to get started, and as active real estate experts in Philadelphia , we get asked to share our secrets quite a bit.

 

Our mothers always told us to be blessings to other- so we try to help any chance we get…

Nine times out of ten, the one question that nearly every local Philadelphia investor has ready to go is, ” Precisely what is the best way to identify great investment houses in Philadelphia ?”

Since the turn around of the housing market and the near disappearance of foreclosure deals, investors are having to become more creative in their hunt for quality local Philadelphia investment property deals.

We source our properties from a variety of marketing routes… online, offline, etc… so there is no one way that is the best way to find good investment properties in Philadelphia .

Below we’ll share some things you can do to find local Philadelphia high ROI investment properties to add to your portfolio.

 

Most investors don’t share their “secrets” because they see everyone as opponents and are afraid that they’ll be used against them by competitors.

That’s not how we work. In order to accomplish things we otherwise couldn’t by ourself we work with other investors.

We want to improve the quality of investment in Philadelphia , and help to restore the prestige and reduce the stigma associated with investing. We share what we’ve learned and our philosophies in the hope of showing investors the “right way”. Basically, we are all investing in the same places, so it makes sense to do it right.

 

There’s a few core principles that are important to understand if you want to get the best investment property deals.

First, think long term.

Real estate doesn’t move like the stock market. It’s where people live, work and play – not just numbers on a screen. It’s practically impossible to make a huge amount of cash in a short-term real estate deal, those come but are rare.

 

So don’t expect to get away with fancy tricks, or that you’re smarter than the people who have been doing this stuff for years. Learn from the past and other investors’ experience, don’t try to re-create the wheel.

Also, realize that real estate investing is a marathon not a sprint. Being successful as a real estate investor means being steadfast, stubborn, and patient. Don’t be in a hurry to conquer the investing world- It’s going to take time, but if you stick with it you can be more successful than you can imagine.

That’s why it’s a great idea to find several sources of properties that fit your criteria (like our Philadelphia Investment Property Buyers List >> ) so you have a heavier flow of great deals to look at.

Second, focus on relationships.

The investment community in Philadelphia is much smaller than most people think.

Most investors don’t realize that there are really only a handful of major wholesalers, brokers, and investors who conduct most of the business in the Philadelphia market.

They’re used to working with the same people on a regular basis. Trust me when I say this… It’s well worth your time and effort to identify them. If you can… Learn From Them, Work With Them. Make yourself useful- bring them a good opportunity and let them reciprocate. Once you develop a good network, they’ll become your best source of high ROI deals.

 

How do you get to know them? Go to your local REIA ( Real Estate Investors Association) and find the people who are active and talk to them. Ask them which real estate agents they use, what wholesalers in the area are active (and get their info) and let everyone you can find know that you are looking for investment properties that fit your criteria. Understanding the age old concept of “it’s not what you know, it’s who you know” can make finding the best Philadelphia deals easy. Relationships are a key factor to getting some of the best deals on Philadelphia investment properties before anyone else has a chance to purchase them.

 

Who should you form relationships with( Hopefully all the weird symbols will really make you pay attention ;-))?

 

$$$ The top investor friendly Philadelphia real estate brokers$$$

$$$A couple real estate appraisers who deal w/ the types of properties you deal with$$$

$$$The best few property wholesalers in the area$$$

$$$The top handful of property rehabbers / flippers in the area$$$

$$$Title agents that work with investment properties quite a lot$$$

 

Third, identify your target investment properties.

Investing in Philadelphia is the same as investing in any other city on the planet, you have to be focused. You have to determine your niche- focus on what makes you money. Some people make millions just in parking garages or storage units.

 

Others focus on residential rentals, while others deal strictly with retail. Take your time… do your homework- review the different segments of the Philadelphia market to see which opportunities are really the best for you – and not just the best marketed. Once you find exactly what you want to own, you can develop a plan to find out who currently owns it and make sure that they know to call you when they want to sell that property.

 

This takes a lot of work, but it’s a tried-and-true method for creating long-term wealth.

 

Finally – use technology.

Sign up for our list of exclusive properties, and we’ll tell you instantly when we find a great investment. We frequently source investment properties for deep discounts, secure them and then sell them for a discounted rate to the people on our list who are ready, willing and able to invest. There’s other ways to get notified about properties on the open market – you should get familiar with searching the mls with the rest of the herd, because every once in a blue moon a great deal shows up.

 

We don’t even look at anything remotely average – we only pass along great deals to our partner investors. We’re not real estate brokers, and our business is a niche within Philadelphia .

 

If you’re looking to seriously invest in Philadelphia , we’d love to chat with you to learn your wants, wishes, and objectives.

 

Hopefully you’ve learned how to find good investment properties in Philadelphia . If you have questions give us a call or join our buyers list below!

Give us a call at 888-509-6267 Ext 3 or fill out the form to get started now.

Sell Your Philadelphia House Fast – We Buy Houses…Get A Cash Offer Today

 

We’re happy to help you find answers to your toughest questions about Philadelphia , Pennsylvania real estate, so please feel free to call us at 888-509-6267 Ext 3 and chat with us anytime.

Are you looking to find other properties to invest in… visit our investor website or give us a call anytime at 888-509-6267 Ext 3 for Great High ROI properties
www.gpsellshomes.com/investment-properties- Philadelphia

Free investor resources!

Not only do we have properties throughout the world but we also have houses in Pennsylvania : 19019, 19102, 19103, 19104, 19106, 19107, 19111, 19114, 19115, 19116, 19118, 19119, 19120, 19121, 19122, 19123, 19124, 19125, 19126, 19127, 19128, 19129, 19130, 19131, 19132, 19133, 19134, 19135, 19136, 19137, 19138, 19139, 19140, 19141, 19142, 19143, 19144, 19145, 19146, 19147, 19148, 19149, 19150, 19151, 19152, 19153, 19154.

 

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