Rental neighborhoods for flips / BRRRR around Philadelphia

[Asish Balu]

Hello Philly Investors!

I own two rental properties in Baltimore, and I'm looking for BRRRR opportunities around the philly area.

Is the market around philly too expensive for BRRRRs? If not, what neighborhoods are you targeting? 

Im aiming for properties in the 200-250k range.

[Jimmy O'Connor]

@Asish Balu hey man! I went into pretty painful detail into the different pockets in a recent post: https://www.biggerpockets.com/topics/956700

I share a pretty similar sentiment to the gentlemen above that there are other price ranges that may be more suited for a BRRR but the reality is that you can BRRR everywhere it's just a matter of if you're main objective is to have a full cash out refi, if it is to focus on the cashflow, the appreciation, or if you're looking for a specific niche in tenants.