starting out in philly rentals

[Nate Feldman]

hi I would like to start investing in the philly rental real estate market. i would like to  be in a home for 50 k or less rehab included . Any tips on which neighborhoods to focus on ? ones that ill make the most roi ?neighborhoods that will have some appreciation ?

thanks

[Jeremy Chaudet]

Nate, for 50K or less I would suggest West Philly but its not for everyone. Personally, I think that the closer to center city you are the better off you will be in terms of appreciation. UPenn and Drexel are investing a lot of money into the area (University City which is in West Philly) so the thought is that this will hopefully continue to expand into surrounding neighborhoods.

http://articles.philly.com/2016-06-17/business/73821811_1_30th-street-station-rail-yards-amtrak