Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago,
SFH in Rough Area of Philly
Came across a opportunity and need a little advice. Purchase price is 18k. Needs about 10-13k in rehab (mostly because there is a slight mold problem). Rents are roughly 900-1000 a month. It seems like a decent investment. I'm just concerned with the area. It's not in the heart of the rough neighborhood. More along the outskirts... but it's close enough. Wanted to hear people's opinions on the opportunity.