Philadelphia CARES - rent opportunity

[Jeremy T.]

Hi BP, Philadelphia investors:

I read a post somewhere in BP recommending landlords to work with a social welfare or community development program when looking for new tenants. Does anyone know good groups to contact for a Philly landlord looking for a good source of tenants?

I spoke to the Philadelphia Corporation for Aging today. They do have a program that places seniors into rooms, e.g. 2-3 people to a 3 bedroom house. They have more clients than housing available. They do the math to figure out which personalities work best in the same house. I was told they can arrange good matches for the house, moved in within a month.

This could be a good opportunity if you are looking to contribute to the community and earn a good rental income. If you want the contact info for the person I spoke with send me a message. Or, call their general number and let them know you are a landlord interested in including your place in their program.

-Jeremy