Oversaturation in Philadelphia?

[Anthony Gatt]

Interesting article on philly.com about the huge number of commercial units available and coming online in the next couple of years:

http://www.philly.com/philly/hp/news_update/326517...

Combined with a net negative migration out of the city last year, I'm wondering if Philly would be a bad area to look for an investment property, despite the "get your first rental unit in your own backyard" guidance often given.

Is anyone able to provide any advice on this?

[Garrett F.]

I'd encourage you to study more then just one article to make any decisions. The best way to minimize losses is to really know your area and market inside and out

Garrett