For any seasoned investors operating in the Philadelphia (city/suburbs) and South Jersey area, what are some good bread and butter areas to consider for rental properties? By this I mean communities that have good to strong rental demand and have plenty of properties that would fall near the lower median in price, i.e. the "sweet spot" of cash flow possibility. Thank you.
@Eleena D. I am not an experienced investor, as I have not even popped my real estate cherry yet, however I am looking in the Norristown area, as I have several friends who have rentals there and they seem to cash flow rather well. Many of my friends tend to go Section 8 with their properties there. I hope that helps
I know in South Jersey Lindenwold is a good place to start. I have a property there. It is not the greatest place in the world but it is a good blue collar community.