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All Forum Posts by: Vijaya Gowrisankar

Vijaya Gowrisankar has started 1 posts and replied 2 times.

Post: BRRR Strategy in Philadelphia

Vijaya Gowrisankar
Pro Member
Posted
  • Posts 2
  • Votes 2

Hello Nicholas,

Thank you for your reply!

I did try. Not seeing many deals in that area, maybe because I am restricted to the <100k range.

Yes, I am part of a learning group called Openspaceswomen. We have a big meetup happening on Nov 15. Making contacts including HML, contractors, RAs and Property Managers. Have reached out to a wholesaler for off-market deals.

Yes, the situation looks tough. I was wondering if I should look at Pittsburg.  

I would love to know more about your experience.

Thank you!

Post: BRRR Strategy in Philadelphia

Vijaya Gowrisankar
Pro Member
Posted
  • Posts 2
  • Votes 2

Hello everyone!

I have just begun my journey in real estate investing. I plan to follow the BRRR strategy and build a portfolio of long-term rentals. After doing some initial research, I decided to check out some zip codes in Philly as that's an hour's drive from where I live - 19132, 19133, 19134. The experience was not great..... I was scared to even park in these places. And after checking out a few posts here, it looks like these zip codes may not be that great. I planned to start small, a first deal <100K, and then scale in the neighborhood. Is Philadelphia still a good option?