Philadelphia, the birth place of the United States of America and the City of Brotherly Love. It’s the located on the east coast of the US about 2 hours south of New York City. It is the second largest city on the east coast after New York City, and the 5th most populous city in the US. The size of the cities GDP ranks it 9th in world. It has recently reversed a decades long trend in population decline and is starting to receive considerable property investment attention. With very low entry costs (as low as $15,000USD) and high cashflow (20%+) it’s an excellent place to buy. If you want to be one of the first into a market and expose yourself to huge upside potential, Philadelphia is worthy of serious consideration.
Statistics for Single Family Homes and Condos in Philadelphia, PA
Employment by Sector and TrendsNote: Recessions shown in grey