People who are buying an investment property either care about cap rate (ratio between the net income of the property and its original price) , appreciation of the property, or both. The cap rate is crunching numbers but appreciation is a little harder to predict. Lucky for people who are looking to buy an investment property in Philadelphia, it's slightly easier.
In Philadelphia, you can predict what neighborhood is coming up next because it borders an area that is already gentrifying. In other cities, up and coming neighborhoods can be spaced out and have no rhyme or reason. But in Philadelphia, the up and coming neighborhoods always border a developing neighborhood.
I'm focusing on Port Richmond because it borders Fishtown, a highly sought after neighborhood. People are already investing in Kensington and Harrowgate early for a longer term play. But Port Richmond would be a shorter term play for those looking to make a 5-10 year investment.
3137 Chatham St - $179,900
3000 Aramingo Ave - $207,000
{mls: PAPH839930}
3120 Miller St - $189,900
3610 Miller St - $167,700
3122 Weikel St - $109,900
{mls: PAPH839296}
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I have 14 years’ experience in residential and commercial properties throughout the Philadelphia area and inner ring suburbs. In my former life, I practiced law in Philadelphia in the areas of Premises and Products Liability, which translated beautifully into having a deep understanding of how houses “work” and Contract Law, not to mention being in the midst of my second personal renovation.
I live with my family in Germantown in a Queen Anne and previously lived in Fishtown until 2011. I am originally a native of Rochester, NY (go Wegmans!) and attended undergrad at Eugene Lang in New York City and University of Rochester, where I received a BA in Political Science in 1998. I attended Law School at State Universit y of New York at Buffalo School of Law where I received a Juris Doctor in 2003 and became a member of the PA Bar as well in 2003. I practiced in Philly for 2 1/2 years before making the leap to real estate, my true love.
I am a dog fanatic with a beautiful Husky/Collie (I’d guess?) mix at home…I can most likely find you a rescue dog too if you’d like one for your home! I am a sucker for old homes with original details, Back staircases, stained glass but love elements of most periods of design.
When I’m not selling houses, I can most often be found hanging out with my two young daughters at all the kid hot spots in town.
2014 & 2018 Space & Company Leadership Award
2017 and 2012 Space & Company Top Producer Transactions Award
2017 Space & Company Double Digit Sales Growth Award
2016 Best Realtor-Philadelphia Home Magazine
2013-2015 Five Star Real Estate Professional Award
2013 Space & Company Top Producer Sales Volume
2012 Space & Company Top Producer Transactions
Office Phone: 215-600-3674
Cell Phone: 267-980-5858
People who are buying an investment property either care about cap rat
Here are my top 12 picks for houses under $200K from Washington to Ore
Creative Ways to Drum up Interest in Your HomeWritten byJaymi Naciri f
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