Philadelphia (Northeast Kensington/Port Richmond)

[George Trosley III]

So I just bought my first house in East Kensington. I will be living in it while renting out the other 2 rooms but I already have the itch to buy a rental property.

Whether I buy something that's completely ready to rent and search for a good deal or BRRR a house I wanted to see the thoughts on the kensington/port Richmond area.

Buying land and holding?

How profitable would it be just buying a new construction at a good price that offers a 10 year tax abatement?

[Eric Greenberg]

I like East Kensington but I personally wouldnt touch new construction up there unless I knew the history of the builder's work.  The tax abatement is a nice perk but the quality of some of the new construction houses Ive been in are questionable.