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Updated over 3 years ago on . Most recent reply

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Ross Hyman
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Wholesaling in Philadelphia

Ross Hyman
Posted

I'm a licensed New Jersey agent, who was born and raised in Philadelphia. I am interested in wholesaling in the Philly market. I've watched the recent trend in Fishtown and past trends in Manayunk and Northern Liberties. Is Philly a worthwhile market for wholesaling? If so, which neighborhoods should I focus and do you have any advice or guidance? 

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Rich O'Neill
  • Contractor
  • Chadds Ford, PA
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Rich O'Neill
  • Contractor
  • Chadds Ford, PA
Replied
Quote from @Dustin Verley:

What are everyones' thoughts on surrounding areas are Philly- more so South of it. Think Sharon Hill, Eddystone, Chester, etc. The more suburban areas around there... opportunities present?


 I have a few in Sharon Hill. They are ok, but I find the tenants to be a little tougher. I like a little further north better, in Collingdale. I am not a fan of Chester or Eddystone. There are plenty of people that make good money in those areas, but you need to be ready to deal with tough tenants. 

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