Another Successful BRRRR in Philadelphia

One of the newly renovated rooms in Unit 3

What is the BRRRR Method?

Project Details

This project is in Brewerytown area of Philadelphia, an up and coming area that has been really taking off in the past few years.

This was a tricky project, as I bought it with squatters inside and we did a cash for keys method to get them out (we paid them to leave). Squatter laws are pretty difficult for landlords in Philadelphia, so we had to tread carefully there and make sure everything was done by the book.

Once the tenants were out, we were able to start building. I had to use multiple contractors for this project, which led to it being drug out longer than expected and costing more than we initially thought. Despite these challenges, the project turned out quite nicely and will be a very valuable asset to our portfolio.