HoltonWiseTV Highlights (46)

You don't need to double or triple the rent in Philadelphia to become a real estate millionaire. In fact, doubling or tripling the rent in Philly would probably cost you more money in unit turnover renovations than it'd make you in increased rental revenue. The wealthiest landlords in Philadelphia make the most money by doing a lot of small rent increases. Increasing your rent by small amounts allows you to generate more rental income while also incentivizing your tenants to stay living in your units. If increasing the rent causes your tenants to move out, you won't make any money. You want to increase the rent just enough to make them stay in your property while still paying you money every month. Tune in to HoltonWiseTV to learn more about how you can make $1 million dollars a year investing in the Philadelphia real estate market.

Stupid Realtors in Philadelphia are a gold mine. You'll be a real estate millionaire in no time if you know how to properly leverage the laziness and stupidity of many of the Real Estate Agents in Philly. Many Philadelphia Realtors put in the minimum amount of effort when they list a property for sale. Couple this with the fact that selling a tenant occupied property is a lot harder than selling a vacant property, and you've got yourself the perfect scenario as a buyer. Many of these lazy Philly Realtors aren't going to put in a lot of effort dealing with all the problems associated with selling a tenant occupied house. This means less buyer competition for you. The lower the competition, the easier it is for you to get a huge discount when you buy the property. Tune in to HoltonWiseTV to learn more about how you can make $1 million dollars a year investing in the Philadelphia real estate market.