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Veronica comes from a family of real estate investors. She is passionate about helping clients create wealth, build a legacy, and design a dream lifestyle through real estate.

What makes Veronica stand out from other realtors is her financial background. With an MBA in Finance from The Wharton School and a bachelor’s degree in Economics from Northwestern University, she does not run from the numbers. She spent over a decade running financial models to help her employers evaluate projects and products. This skill allows her to simplify the bottom line for a homeowner or forecast the return on investment for a developer.

Veronica is a licensed realtor in PA. Veronica helps her clients buy, sell, invest in real estate in the following neighborhoods in the Philadelphia metro area: Cedar Park, Chester, Cobbs Creek, Darby, Drexel Hill, Germantown, Kingsessing, Lansdowne, Marcus Hook, Overbrook, Overbrook Farms, Sharon Hill, University City, Yeadon, and Upper Darby. Her company also provides property management services for single-family homes and small apartment buildings in the area.

Oct 12 No Comments

Financial Planning Tips As You Scale Your Real Estate Investing

Author: Veronica Woods

Categories: New Investors,Rental Properties,Uncategorized

Ever wonder if you have set yourself to scale your rental business? No one wants to fall into a financial landmine. Many newer real estate investors may be ready to quit real estate investing too early because they lack a financial plan to help them grow their real estate businesses.

The recorded webinar focuses on financial planning strategies to help real estate investors who want to scale a profitable rental property portfolio. Watch this candid financial conversation for and by real estate investors.

The panelists in the webinar include: Veronica Woods, Real Estate Investment Advisor and Broker @reallifeplanning CFA®, CFP® Ian Scott, CPA

Video rundown:

[1:19] Ian Scott bio … understanding the real estate investing niche

[3:08] Cynthia Meyer bio…scaling as a first-generation investor

[4:08] Veronica Woods intro…bio….helping those well-positioned financially but concerned about risk

[10:50] When do you think it is time to upgrade your financial team?

[ 18:00] What advice would you give on setting deal goals in a changing economy?

[ 24:13] How should investors think about the BRRR strategy in today’s market?

[ 35:22] What advice do you give investors about raising rents?

[41:44] What mistakes do you see newer investors make with thinking about repair/maintenance expenses?

[ 54:37] What do you wish more new owners thought about before they scaled their portfolios?

Want more insight?

Veronica comes from a family of real estate investors. She is passionate about helping clients create wealth, build a legacy, and design a dream lifestyle through real estate.

What makes Veronica stand out from other realtors is her financial background. With an MBA in Finance from The Wharton School and a bachelor’s degree in Economics from Northwestern University, she does not run from the numbers. She spent over a decade running financial models to help her employers evaluate projects and products. This skill allows her to simplify the bottom line for a homeowner or forecast the return on investment for a developer.

Veronica is a licensed realtor in PA. Veronica helps her clients buy, sell, invest in real estate in the following neighborhoods in the Philadelphia metro area: Cedar Park, Chester, Cobbs Creek, Darby, Drexel Hill, Germantown, Kingsessing, Lansdowne, Marcus Hook, Overbrook, Overbrook Farms, Sharon Hill, University City, Yeadon, and Upper Darby. Her company also provides property management services for single-family homes and small apartment buildings in the area.

Aug 29 No Comments

Renovation Mistakes to Avoid for New Rental Property Investors

Author: Veronica Woods

Categories: New Investors,Rental Properties,Uncategorized

In this video, I discuss 5 renovation mistakes that kill the profits of new rental property investors.

[0:53] Excitement around designing rental property

[1:22] #1 Over-improving

[3:02] #2 Skipping required repairs by local municipality

[4:13] #3 Picking the wrong contractor

[5:37] #4 No value-added amenities

[6:59] #5 Mismanaging the budget

[9:14] Getting your renovation budget right upfront

Want more insight?

Veronica comes from a family of real estate investors. She is passionate about helping clients create wealth, build a legacy, and design a dream lifestyle through real estate.

What makes Veronica stand out from other realtors is her financial background. With an MBA in Finance from The Wharton School and a bachelor’s degree in Economics from Northwestern University, she does not run from the numbers. She spent over a decade running financial models to help her employers evaluate projects and products. This skill allows her to simplify the bottom line for a homeowner or forecast the return on investment for a developer.

Veronica is a licensed realtor in PA. Veronica helps her clients buy, sell, invest in real estate in the following neighborhoods in the Philadelphia metro area: Cedar Park, Chester, Cobbs Creek, Darby, Drexel Hill, Germantown, Kingsessing, Lansdowne, Marcus Hook, Overbrook, Overbrook Farms, Sharon Hill, University City, Yeadon, and Upper Darby. Her company also provides property management services for single-family homes and small apartment buildings in the area.

Aug 10 No Comments

Rental Property Risk: Insurance Tips for Scaling Rental Property Portfolio

Author: Veronica Woods

Categories: New Investors,Rental Properties,Uncategorized

As you scale your rental property portfolio, many investors think more seriously about how they manage their risk. You may view rental property insurance differently with 1-2 rental properties vs. 5+ properties.

This video is an interview with investor property insurance expert, Jeff Jones of Best Insurance Pro. (https://www.bestinsurancepro.com/contact)

During the recording, we touched on some of the burning questions I hear as a property manager in Philadelphia around managing risk as a rental property investor including:

Question 1: What safety measures should landlords install in properties to reduce risk?

Question 2 What are the top repairs to reduce overall insurance costs?

Question 3: Which repairs are best kept as the landlord’s responsibility

Question 4: What is the difference between putting the property in an LLC vs keeping it in owner’s name from a liability perspective?

Question 5: What is most important to know about insurance as you scale your rental property portfolio

Want more insight?

Veronica comes from a family of real estate investors. She is passionate about helping clients create wealth, build a legacy, and design a dream lifestyle through real estate.

What makes Veronica stand out from other realtors is her financial background. With an MBA in Finance from The Wharton School and a bachelor’s degree in Economics from Northwestern University, she does not run from the numbers. She spent over a decade running financial models to help her employers evaluate projects and products. This skill allows her to simplify the bottom line for a homeowner or forecast the return on investment for a developer.

Veronica is a licensed realtor in PA. Veronica helps her clients buy, sell, invest in real estate in the following neighborhoods in the Philadelphia metro area: Cedar Park, Chester, Cobbs Creek, Darby, Drexel Hill, Germantown, Kingsessing, Lansdowne, Marcus Hook, Overbrook, Overbrook Farms, Sharon Hill, University City, Yeadon, and Upper Darby. Her company also provides property management services for single-family homes and small apartment buildings in the area.

Mar 25 No Comments

Real Estate Market Update-Philadelphia & Delaware County Pricing Trends March 2022 YTD

Author: Veronica Woods

Categories: Market Update,Uncategorized

Is housing over-priced right now? Should you wait on the sidelines for a market correction?

In this video, I share some market statistics with winning offer prices in Delaware County and Philadelphia PA since the beginning of 2022. 🗺️If you want help to align your personal financial goals with your new real estate investing strategy, check out this download: https/dwoodsrealestate.com/start

Want more insight?

Veronica comes from a family of real estate investors. She is passionate about helping clients create wealth, build a legacy, and design a dream lifestyle through real estate.

What makes Veronica stand out from other realtors is her financial background. With an MBA in Finance from The Wharton School and a bachelor’s degree in Economics from Northwestern University, she does not run from the numbers. She spent over a decade running financial models to help her employers evaluate projects and products. This skill allows her to simplify the bottom line for a homeowner or forecast the return on investment for a developer.

Veronica is a licensed realtor in PA. Veronica helps her clients buy, sell, invest in real estate in the following neighborhoods in the Philadelphia metro area: Cedar Park, Chester, Cobbs Creek, Darby, Drexel Hill, Germantown, Kingsessing, Lansdowne, Marcus Hook, Overbrook, Overbrook Farms, Sharon Hill, University City, Yeadon, and Upper Darby. Her company also provides property management services for single-family homes and small apartment buildings in the area.

Feb 04 No Comments

Top concerns about buying a property with tenants

Author: Veronica Woods

Categories: New Investors,Rental Properties,Uncategorized

Some investors are hesitant about even thinking about buying a property with existing tenants because they don’t want to deal with the previous landlord’s headaches. They have fear around the hidden costs that they may encounter with tenant-occupied properties.

In this video, I will share the legitimate concerns and how to work around them to get a good deal when you buy a property with tenants.

[0:51] #1 Inheriting other people’s headaches

[1:57] #2 Limited information about the tenants

[4:07] #3 Hard to get rid of tenants

[5:09] #4 Challenge of managing the transition

[8:22] The tenant is also evaluating you as a potential landlord

Want more insight?

Veronica comes from a family of real estate investors. She is passionate about helping clients create wealth, build a legacy, and design a dream lifestyle through real estate.

What makes Veronica stand out from other realtors is her financial background. With an MBA in Finance from The Wharton School and a bachelor’s degree in Economics from Northwestern University, she does not run from the numbers. She spent over a decade running financial models to help her employers evaluate projects and products. This skill allows her to simplify the bottom line for a homeowner or forecast the return on investment for a developer.

Veronica is a licensed realtor in PA. Veronica helps her clients buy, sell, invest in real estate in the following neighborhoods in the Philadelphia metro area: Cedar Park, Chester, Cobbs Creek, Darby, Drexel Hill, Germantown, Kingsessing, Lansdowne, Marcus Hook, Overbrook, Overbrook Farms, Sharon Hill, University City, Yeadon, and Upper Darby. Her company also provides property management services for single-family homes and small apartment buildings in the area.

Dec 22 No Comments

How to choose the right mortgage lender as a real estate investor

Author: Veronica Woods

Categories: New Investors,Uncategorized

Many new investors make the mistake of talking to the wrong lender for the deal that they have at hand. Every mortgage broker whether traditional or hard money lender or even your local credit union is not equal for all real estate investment opportunities.

In this video, I will share important things to include in the discussion early on to determine whether you are meeting with the right lender to support your real estate investing journey.

[1:30] All pre-approvals are not equal…

[3:13] Discussion point #1: What type of property is it?

[4:20] Discussion point #2: How will you use the property?

[5:09] Discussion point #3: What is the condition of the property?

[7:15] Discussion point #4: What is your experience?

[9:17] Discussion point #5: What is the source of your personal contribution?

[11:43] Avoid the lender who overpromises

Want more insight?

Veronica comes from a family of real estate investors. She is passionate about helping clients create wealth, build a legacy, and design a dream lifestyle through real estate.

What makes Veronica stand out from other realtors is her financial background. With an MBA in Finance from The Wharton School and a bachelor’s degree in Economics from Northwestern University, she does not run from the numbers. She spent over a decade running financial models to help her employers evaluate projects and products. This skill allows her to simplify the bottom line for a homeowner or forecast the return on investment for a developer.

Veronica is a licensed realtor in PA. Veronica helps her clients buy, sell, invest in real estate in the following neighborhoods in the Philadelphia metro area: Cedar Park, Chester, Cobbs Creek, Darby, Drexel Hill, Germantown, Kingsessing, Lansdowne, Marcus Hook, Overbrook, Overbrook Farms, Sharon Hill, University City, Yeadon, and Upper Darby. Her company also provides property management services for single-family homes and small apartment buildings in the area.

Oct 27 No Comments

Q3 2021 Philadelphia Metro Market Stats

Author: Veronica Woods

Categories: Market Update,Uncategorized

Here are some stats for Delaware County and the Cobbs Creek neighborhood in West Philadelphia for Q3 2021. For multifamily properties, the stats are for Q3 YTD 2021.

Want more insight?

Veronica comes from a family of real estate investors. She is passionate about helping clients create wealth, build a legacy, and design a dream lifestyle through real estate.

What makes Veronica stand out from other realtors is her financial background. With an MBA in Finance from The Wharton School and a bachelor’s degree in Economics from Northwestern University, she does not run from the numbers. She spent over a decade running financial models to help her employers evaluate projects and products. This skill allows her to simplify the bottom line for a homeowner or forecast the return on investment for a developer.

Veronica is a licensed realtor in PA. Veronica helps her clients buy, sell, invest in real estate in the following neighborhoods in the Philadelphia metro area: Cedar Park, Chester, Cobbs Creek, Darby, Drexel Hill, Germantown, Kingsessing, Lansdowne, Marcus Hook, Overbrook, Overbrook Farms, Sharon Hill, University City, Yeadon, and Upper Darby. Her company also provides property management services for single-family homes and small apartment buildings in the area.

Jun 19 No Comments

How to Calculate the Numbers on a Rental Property – Estimating Cash flow

Author: Veronica Woods

Categories: Rental Properties,Uncategorized

How do you figure out if the numbers will work with a potential rental property?

In this video, I will focus on cash flow and real estate math. A real estate investor makes their decision on whether they have a good deal by the numbers. I will cover 5 things to keep in mind when you calculate your estimated cash flow on a potential real estate deal.

[0:40] Defining a good deal by cash flow

[1:41] #1: Set a financial objective per door

[2:41] #2: Don’t underestimate variable expenses

[3:39] #3: Validate utility costs

[4:26] #4: Be conservative with fixed expenses

[5:26] #5: Validate the seller’s assumptions

[6:18] “Back of the envelope” tip for cash flow

Veronica comes from a family of real estate investors. She is passionate about helping clients create wealth, build a legacy, and design a dream lifestyle through real estate.

What makes Veronica stand out from other realtors is her financial background. With an MBA in Finance from The Wharton School and a bachelor’s degree in Economics from Northwestern University, she does not run from the numbers. She spent over a decade running financial models to help her employers evaluate projects and products. This skill allows her to simplify the bottom line for a homeowner or forecast the return on investment for a developer.

Veronica is a licensed realtor in PA. Veronica helps her clients buy, sell, invest in real estate in the following neighborhoods in the Philadelphia metro area: Cedar Park, Chester, Cobbs Creek, Darby, Drexel Hill, Germantown, Kingsessing, Lansdowne, Marcus Hook, Overbrook, Overbrook Farms, Sharon Hill, University City, Yeadon, and Upper Darby. Her company also provides property management services for single-family homes and small apartment buildings in the area.

May 27 No Comments

Real Estate Market Update-Delaware County PA Q1 2021

Author: Veronica Woods

Categories: Market Update,Uncategorized

In this video, I will take you through some of the key housing market stats for suburban Philadelphia in Delaware County, which is the suburban county immediately west of the city. The stats come from Bright MLS and represent only the transactions conducted on market vs. off the MLS.

We will dive into stats on pricing trends and sales activity that continue to fuel the market in suburban Philadelphia.