Philadelphia Rental Property Neighborhoods

[Brande Gilbert]

I’m looking to buy a multi family home in the next year where I can live in one unit and rent the other units. I currently work in the Malvern area and live in Phoenixville. Both these areas don’t seem like great places to buy and hold. Both are expensive areas. I used to live in West Philadelphia and the commute was terrible but I am open to moving back to Philly if it makes sense.

What are some good neighborhoods to buy property to rent? I’m not interested in student rentals at all.

[Jeremy Fisher]

Hi @Brande Gilbert

When it comes to buy-and-hold rentals in the city, West Philadelphia does usually make the most sense numbers-wise. Cobbs Creek is the first neighborhood that jumps to mind when I think about buy-and-hold, but Wynnefield, Overbrook, and West Kensignton (aka Norris Square) also should be neighborhoods worth looking into.