Development boom coming to Philadelphia?

[Lawrence LaMantia]

We love the Philly market. Lots of row homes which makes renovation budgets a little easier (when everything is built the same it can limit the number of surprises you encounter during a reno). There are great flip neighborhoods (Point Breeze, Fishtown, Brewerytown, West Philly) as well as attractive rental neighborhoods (especially if you like the blue collar rentals like we do).

But there could be a lot more to like about the city. For a long time the cities' main economic drivers were - medicine and education. Well, there could be a new game in town! The life sciences industry is beginning to gain some steam in the city and that could lead to TONS of development. 

Take a look at this article to read for yourself! 

[Lawrence LaMantia]

Thanks! 

We like areas where we can be "all in" (purchase and reno) for $100k or less - that will rent for $1,000 - $1,500 month. Ideally there's some upside to the area as well. 

Based on that right now we like W Philly and parts of N Philly. 

Although I'm sure there are other pockets of the city we could achieve similar numbers.

How bout you @Joel Bonilla?