Investing in Philadelphia

[Qasiym Glover]

Hi All,

I'm in the process of finding my first rental property. I'm looking in the Philadelphia area, the only challenge is I'm not too familiar with the area. I've been talking to a couple of people I was told Brewerytown, zip codes 19145 and 19148. I'm looking for multifamily 3+ units, renting for 900+ and I don't want to be in a rough area.

Are these the best areas to buy properties in? What are your thoughts? 

Thanks in advance

[David Bokman]

Philly is block by block, investing in an area that you don't know anything about is probably the worst decision anyone can make. If you live in NY I would suggest trying to find a rental property closer to you rather than out of state.  The zip codes you mentioned are some of the hottest zip codes in the entire country and finding a multi-unit will be very difficult.