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Updated almost 7 years ago on . Most recent reply
Philadelphia/suburbs market advice
Hi everyone!
I wanted to get everyone's thoughts about the Philadelphia real estate market? Would love to learn what people think about accumulating cash flow positive properties and building a real estate portfolio either in the city or suburbs of Philadelphia. Anything in particular that we should be aware about in this area? How is it overall for starting a real estate portfolio - it seems at least the price of entry is reasonable.
Thanks for your input!
Most Popular Reply
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I think if you know where to look, Philadelphia is one of the best markets in the country to start investing in real estate. If your looking for cash flowing duplexes with the possibility of appreciation I would look into these neighborhoods:
-West Kensington
-Port Richmond
-Germantown
-Norristown (a little outside Philly)
I would even look into Frankford, I can always find duplexes that cashflow there.
If you have any questions about the area feel free to message me.