Philadelphia buy and hold
Hello BP,
I have been lurking BP for a long time, listening to the podcasts but yet to pull trigger. My husband became accidental landlord in Greensboro, NC couple years ago and we still have that property. I have a very hard time finding a rental property in Philly area that makes sense. The typical rent I see is 1% vs the 2% BP usually mentions about.
I also find it extremely difficult to find a RE agent that knowledgeable about the area. I have a full time job so I can get conventional loan. Im looking for single/duplex and my budget is around $150k.
If you have suggestion regarding the area, please chime in.
Thank you