Flipping in philly

[Matthew Tierney]

I'm a buy and hold guy in philly specifically 19134(port Richmond and Harrowgate) I'm looking into doing a flip and wondering what people thought of the port Richmond area east of aramingo

[Lucas Pfaff]

I like this area a lot for B&H, but that's not the question. 

Flips in that neighborhood could also be attractive, but there's a low ceiling for the ARV. Development is pushing further NE and you won't be the only person rehabbing in the neighborhood. Overall, this neighborhood has plenty of opportunity for a flip assuming you hold to your numbers and buy right. Stick to using nearby comps and not stretching for your value and you should be alright.