My Mom's Recipe for "Homemade Philly Style Forced Appreciation"

My Mom's Recipe for "Homemade Philly Style Forced Appreciation"

Philly Burbs, PA · Member since 2015 · 338 posts · 133 votes

First, buy up a block of rowhouses or a multi unit just outside the ghetto making sure it has good public transportation.

Do a quick rehab.

Advertise for rent in the PGN.

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  • SFR Investor · Denver, CO · Member since 2009 · 184 posts · 55 votes
    11y

    I've done this in Denver with single family homes in a neighborhood with duplex zoning.  It's working great even though I don't have more than 3 or 4 houses per block.

  • Realtor/Investor · Philadelphia, PA · Member since 2012 · 114 posts · 38 votes
    11y

    PGN?? 

  • Investor · Philadelphia, PA · Member since 2015 · 3k+ posts · 3k+ votes
    11y
    Philadelphia gay news
  • Rental Property Investor · Phoenixville, PA · Member since 2015 · 119 posts · 61 votes
    11y

    How close to/where in Philly is this strategy working? Do you have specific examples with numbers you can share? Thanks! 

  • Investor · Philadelphia, PA · Member since 2015 · 3k+ posts · 3k+ votes
    11y
    He is referring to the fact that the gay community was often the first group (along with artists) to move into the once depressed neighborhoods that are now described as gentrified.
  • Investor · Philadelphia, PA · Member since 2014 · 344 posts · 276 votes
    11y

    @Joe Cumming

    First, buy up a block of rowhouses or a multi unit just outside the ghetto making sure it has good public transportation.

    Do a quick rehab.

    Advertise for rent in the PGN

    Joe, where are the ghetto areas?  Are you referring to the Philadelphia County or the surrounding depressed areas in the surrounding suburbs?  I live in Philadelphia (born and raised) and I no of no areas within the Philly limits such as you this ghetto.

    Also, why do you suggest advertising in the Philly Gay News?  Why not also advise in the Daily News, Philly News, etc.?

    You post if very suggestive and I believe meant to be offensive.  Watch the words you choose!

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