BRRR Strategy in Philadelphia

[Vijaya Gowrisankar]

Hello everyone!

I have just begun my journey in real estate investing. I plan to follow the BRRR strategy and build a portfolio of long-term rentals. After doing some initial research, I decided to check out some zip codes in Philly as that's an hour's drive from where I live - 19132, 19133, 19134. The experience was not great..... I was scared to even park in these places. And after checking out a few posts here, it looks like these zip codes may not be that great. I planned to start small, a first deal <100K, and then scale in the neighborhood. Is Philadelphia still a good option?