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Reasons for Real Estate Investing in Philadelphia

Posted 12-17-2008 at 07:20 PM by billuke
Updated 12-18-2008 at 05:21 PM by FindingZen (advertising; refer to the Terms of Service)


Considering investing in Philadelphia residential real estate? Despite news reports about a downturned real estate market, there is no better time than today to get started. For the beginning or experienced real estate investor, Philadelphia real estate is a great place to begin, with plenty of individual city neighborhoods that offer a wide range of distinct residential living options.

If you plan to purchase Philadelphia real estate and rent your property, you may want to invest in Philadelphia’s developing neighborhoods, such as the Art Museum neighborhood, including the communities of Franklintown, Spring Garden, Fairmount, Brewerytown, and Francisville. These areas are enjoying a renaissance that attracts young professionals eager to increase property values.

For many Philadelphia real estate investors, the best neighborhoods are those in close proximity to the city’s major medical schools, including Hahnemann Medical College, Thomas Jefferson University, University of Pennsylvania School of Medicine and The Temple University Medical School, opening in May 2009.

Investing in residential real estate in Philadelphia can be highly lucrative, but it is not without its risks. Protect yourself by getting top-notch advice from a seasoned real estate investing pro.
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