philadelphia - good market for rental properties ?

[John M.]

What are your thoughts for Philadelphia  market to consider as cash flow / growth market. B or B+ neighborhoods?

[Greg Bishop]

John,
There are many pockets within Philadelphia with great opportunity for rentals. I guess it depends on a multitude of parameters. Long term/short term hold , cash flow/asset accumulation, property appreciation/protection, and price range are just a tip of the iceberg.

I believe that there are opportunities all over the city and surrounding areas. If you're looking for affordable cash flow there areas such Mt. Airy and the NE, if your looking for stable properties with average appreciation there's always the NE section of town, and if your looking for speculative appreciation there are several areas such as Kensington and Brewerytown.

Again there are a multitude of opportunities here you just have to know what you are looking for.

If you think you need any further info please let me know. I'd be more than happy to help.