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Updated over 7 years ago on . Most recent reply

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Miladin Knezevic
  • Brooklyn, NY
6
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16
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Philadelphia,PA investing market good or bed?

Miladin Knezevic
  • Brooklyn, NY
Posted

Does anyone investing in Philadelphia,PA? I would like to know what you think about PA market? What is a good area to invest? 

Thanks, Miladin

Most Popular Reply

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167
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64
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Zachary Paul
  • Real Estate Agent
  • Philadelphia, PA
64
Votes |
167
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Zachary Paul
  • Real Estate Agent
  • Philadelphia, PA
Replied

@Miladin Knezevic - As an active real estate agent in the Philadelphia market I can tell you that there has been a lot of new development and activity in our market which has been positive for investors. 

To say which specific area in our market is "good" or "bad" is really subjective because some investors may want a 25% ROI while others opt for a property that would yield a high A+ quality tenant...so on and so on.

What I can tell you is that there are few opportunities that exist in Center City and South Philly under $200k. A lot of Investors are either paying higher purchase prices or looking to North and Deep West Philly for opportunities. 

Best of Luck!

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