Questions on Norristown and Philadelphia for ARV and Cash flow st

[Buyan Thyagarajan]

Hi Guys,

I am in the process of purchasing properties in Norristown which I anticipate an ARV play for the next 3 to 5 years. The reasons are closer to the king of Prussia, growth of many businesses and trainline to philly. Is my assumption wrong or what do you guys think about it? I am also thinking of Philadelphia as a cash flow strategy due to low taxes and higher rents. What are the regions you think in PA would be an ARV play and Cash flow play?

Buyan

[Eric Greenberg]

Is an "ARV play" a medium term buy and hold rental where you expect your property value to increase rapidly?