People who are buying an investment property either care about cap rate (ratio between the net income of the property and its original price) , appreciation of the property, or both. The cap rate is crunching numbers but appreciation is a little harder to predict. Lucky for people who are looking to buy an investment property in Philadelphia, it's slightly easier.
In Philadelphia, you can predict what neighborhood is coming up next because it borders an area that is already gentrifying. In other cities, up and coming neighborhoods can be spaced out and have no rhyme or reason. But in Philadelphia, the up and coming neighborhoods always border a developing neighborhood.
I'm focusing on Port Richmond because it borders Fishtown, a highly sought after neighborhood. People are already investing in Kensington and Harrowgate early for a longer term play. But Port Richmond would be a shorter term play for those looking to make a 5-10 year investment.
3137 Chatham St - $179,900
3000 Aramingo Ave - $207,000
3120 Miller St - $189,900
3610 Miller St - $167,700
3122 Weikel St - $109,900
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A lifelong resident of Philadelphia, Kathy has a great appreciation and understanding for the city’s culture and architectural integrity. Practical knowledge of each neighborhood is what makes her excel in matching people with properties. Her diversified background in insurance, working in a clinical laboratory for a pharmaceutical company and hospitals, health care, and cosmetology fuel her intrinsic knowledge and passion for real estate.
She is able to utilize market insight with her eye for quality as well as value to help facilitate the smoothest real estate experience possible. Personable, patient and knowledgeable, she possesses a smart, interpersonal flair as well as a refined visual sense, making her the ideal representative for buyers and sellers alike.
As a resident of the Art Museum area for over twenty years, she has a special affinity for center city properties. Her smart approach keeps customers informed, visualizing all the possibilities of a space so they won’t pass up a good opportunity.
Office Phone: 215-600-3674
Cell Phone: 267-718-0908
People who are buying an investment property either care about cap rat
Here are my top 12 picks for houses under $200K from Washington to Ore
Creative Ways to Drum up Interest in Your HomeWritten byJaymi Naciri f
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