Quote:
Originally Posted by 08rookie
im well aware that these properties are complete shit. im well aware of the neighborhood and the surrounding folk who walk the streets. my business is in this part of the city. i can actually rent to people i know...
North Philly is huge. maybe the zips dont do justice. if you knew the neighborhoods (west kensington, fairhill, tioga, feltonville, hunting park) you would have a better understanding.
they zip codes do NOT just list vacant lots...here is one example for 7k:
http://www.zillow.com/homedetails/3338-Phillip-Philadelphia-PA-19140/2126132803_zpid/#{scid=hdp-site-map-bubble-photos}
im sure there is a loaded story behind the place. im well aware the place might need thousands in renovations. my point is philly is fulllllllll of row homes for miles and miles and miles. they pack them in this city like sardines.
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30 year is only $28 a month!
Then why are nearby homes going for 55k and up?