First time investor looking for B class neighborhoods in Philly

[Pamela L Assogba]

Hello! I am a new investor living in DC and planning on buying my first rental property this year. I am weighing my options and it seems like a B class neighborhood is a solid way to start on my investment journey.

To the Philly natives/residents or other investors, what are some B class neighborhoods you would recommend I check out in the city or outside of it?

Thanks!

[David Haynes]

@Pamela L Assogba Congrats on taking that first step! I've been helping investors find rentals and flips around Philadelphia for a while. From my experience, here are some great rental neighborhoods that at or around that B level:

Sharon Hill, Germantown, Fishtown, Drexel Hill (multis best), Collingdale, Cobbs Creek, Port Richmond, Pottstown, Norristown (closest to the courthouse), West Oak Lane.

Of course, all of this is subjective and is by no means exhaustive. Keep in mind that Philadelphia has lower property taxes yet higher transfer taxes. Delaware County and Montgomery County have higher property taxes yet lower transfer taxes. Some B+ level neighborhoods in Delaware County make more sense if the property is a multi-family to counteract the higher taxes.