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Hello,
Would appreciate any advice on good sources of information on the South Jersey/Philadelphia and suburbs real estate market. From the prices I've seen and rent/home value ratio (at times at 8%) I believe there may be good investment opportunities.
What I'm looking for is more concrete information on the deal closing costs, effective return -for example I was not aware that property taxes are paid for by the owner which lower returns to around 5%-6% I assume.
Any good source on foriegn investments in real estate - potential tax benefits for foreign investors, if any etc. would be highly appreciated.
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