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Updated almost 9 years ago on . Most recent reply
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New Member from Philly!
Hi Everyone!
I'm a 25 y/o working in the hospitality industry. My end goal is to own a small investment company that owns and operates small hotels, inns, and apartment complexes. I believe that my first step into this industry will be through 1) learning more about the hospitality industry (my passion is food and beverage!) an 2) beginning to invest in multifamily properties well before my 30th before (it's sneaking up on me faster than I would have imagined). I'm looking to network with young -and old- real estate and hospitality professionals in the Philadelphia market in hopes of learning, contributing, and meeting ambitious people whose goals align with my own.
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@Brian Bond Regarding Germantown, on a personal level, I see that the area has a lot to offer - it's one of Philly's most historic areas and still retains a lot of that charm, it has great transportation links to center city and beyond, it's urban in character but still has some great greenery, strong (although needs improving) business corridor. Then it has all of the things that some of the great NW Philly neighborhoods have going for them, but at a much lower price tag - great sense of community and genuine pride in belonging to that community, diversity, and proximity to the park. I see a lot of folks like myself wanting to be in Mt Airy but not being able to afford it, and moving in to west Germantown. That's becoming a hot area. There's also some serious commitment to revitalize the area, including Ken Weinstein making a big push there currently. I like Germantown, and I am interested in investing in the future of the neighborhood.
I am mostly exclusively looking there now because I think there is some real value opportunity. However, I am still keeping my eye on Mt Airy, Manayunk, Rox, and to a lesser extent East Falls, mostly just because I know so little about the area so it kind of scares me a bit. I think West Philly is a great option for you. I'd be looking there more seriously if I lived closer and knew more about the area, but I almost moved there before I bought my house in Mt Airy and would definitely like to keep an eye on that area for the future.