Author: dbok1

Despite being difficult to compare, the possibility for spectacular returns exists for those who invest early in a new business or in a community that is undergoing renovation. With stocks, you profit if the business does well. When you invest in real estate, you build wealth through the equity you’ve gained through appreciation; but, the … Continued

Time is on no one’s side, and the sooner you begin your real estate investing career, the greater your chance of being wealthy will be. No matter where you are in your investment path, you should examine the tax ramifications of any investment or eventual exit from the property and obtain legal and financial counsel. … Continued

At Philly Off-Market Deals, we are passionate about helping investors like you achieve the highest possible returns on each investment dollar, and you’ll never pay commissions. And Philly Off-Market Deals is proud of our work to improve our neighbors’ lives, enhance property values and offer solutions for those with properties or unforeseen circumstances that aren’t … Continued

Real estate investments are a way to build significant wealth with tangible assets that provide a passive flow of rental income for investors that will carry you through your golden years in style while realizing several tax benefits. Managing your real estate investment portfolio is your business; treating it as such is the surest way … Continued

As a real estate investor, growing a healthy, well-diversified portfolio that will provide a passive income to carry you through your retirement in style is your business. As an investor, selecting the best investment opportunities allows you to earn the highest returns on your investment dollar.  Just as you should approach the business with systems … Continued

Retirement income needs to be carefully planned for, and real estate investments offer tremendous tax advantages to investors. These laws are in place to provide incentives for real estate investors. Knowing what you can deduct from taxes on your investment property in [market city] can help you make decisions and boost your profits over the … Continued

With the pandemic, the real estate market underwent a renewed focus of the population on the home, homeschooling, and a preference for home-based family activities to avoid crowds. In addition, there are no longer the past restrictions of working on-site near larger city centers as much of the population now has the freedom of working … Continued

There is a growing trend towards the rent-to-buy investment strategy in Philadelphia, with two approaches. Some investors are locating viable tenants and then finding a property well suited to their needs, though their profits may be smaller, while others find great deals on the Philadelphia market and then locate their tenants. Unlike flipping, a rent-to-buy … Continued

Rentals in the single-family sector are in short supply, with high demand, interest rates, and construction costs increasing. Rental rates reflect this trend, keeping pace with inflation yet still far below current costs for new homes and mortgage payments. As a result, many would-be new buyers are choosing to rent, with their plans to buy … Continued

As the competition among buyers of single-family homes increased, enterprising land investors, builders, and other professionals in the industry joined forces to develop planned build-to-rent communities, which are tracts of rental homes, instead of competing with individual buyers for available properties.  As the pandemic progressed, the mindset and focus of many potential renters turned away … Continued

Real estate investments done right can build significant wealth over the long term and bring in a reliable monthly cash flow stream. In addition, because rental rates tend to rise with inflation, your income will increase with the cost of living. As a result, you can continue living life on your terms, with the security … Continued

As with every significant step in life, if you are purchasing your first investment property, it takes planning to achieve success. You should have set out an investment strategy for the long and short term and your exit strategy for the property. Savvy investors understand that constant monitoring of the local market and national trends … Continued

Investment properties offer the opportunity to build wealth and create a passive income stream that provides investors with the finances and the freedom to spend their time doing the things they enjoy in retirement with security. And because rental rates tend to keep pace with inflation, you can continue to live out your life on … Continued

Once you’ve decided it’s time to sell your Philadelphia home, the next step is to determine which sales method works best for your situation. If you’re like most homeowners, your initial thought turns to list with a real estate agent, and then you likely begin to calculate the expenses, and the dread of the showing … Continued