VLOG| Real Estate Investing in Philly | Come Walk Through Property Rehab With Me

Описание: Hey Fam 🌹

In today’s video, we’re walking through two properties in North Philly that are presently at different stages of rehab and discuss discussing key tips to consider as Real Estate Investor. While home buying prices have changed in Philadelphia, the market however, is still cost-effective and continues to attract many investors.

As one of America’s oldest cities, Philadelphia’s property market dates back to the 17th century. During the Industrial Revolution, Philadelphia became a hub for manufacturing, leading to a surge in housing development.

Row houses were introduced in the late 17th century as an efficient way to accommodate a growing population while maximizing limited urban space. These type of houses were a cost-effective way to build high-density housing quickly, and was an efficient use of land space.

By the mid-20th century, urban decline and suburbanization led to disinvestment in many neighborhoods. However, revitalization efforts in the late 20th and early 21st centuries, including tax abatements and public-private partnerships, sparked renewed interest in historic districts and emerging areas. Today, investors are drawn to Philly’s mix of affordable properties, strong rental demand, and growing economic opportunities, making it a prime market for real estate investment.
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