New Real Estate Investor in Philadelphia, PA

[Tylar White]

Hi, My name is Tylar. My partner and I decided to take a big step and invest in a duplex, within the Philadelphia area by the end of our lease (7/20/2020). I'm currently reading The Book on Rental Property Investing; I've also watched a few podcasts and attended webinars, but I have a bad habit of getting analysis paralysis when learning something new. I want to be proactive and get more hands to start my partner and I's journey to financial freedom. I would definitely appreciate any tips/advice on the steps to take to invest in a multifamily home in my area. 

[Brendan Markle]

Hey Tylar !  I'm an agent/investor in the city, I primarily work with investors.  Feel free to float any questions by me any time.  Gathering information is a vital first step, but taking action is the most important strep in my opinion.  Too many people spend months or yours analyzing everything only to never actually end up investing.  

     Kensington, Frankford and Germantown always seem to have properties with good returns, but if you are house hacking you may not want to live there. Northeast Philly has areas that have good investment properties that are in decent areas, but you won't see the same kind of appreciation you would in some other areas. At the end of the day deciding where to invest comes down to your goals and strategy, whcih ti sounds like you are at least starting to narrow down.  Definitely feel free to reach out!