Pittsburgh Rental Real Estate Investors

Pittsburgh Rental Real Estate Investors

New to Real Estate · Philadelphia, PA · Member since 2019 · 5 posts · 1 vote

I live in Philadelphia, but graduated from UPitt a few years back. Ever since i left Pittsburgh, I have been interested in investing in property in the area due to lower prices and the growth of the city. 

I am looking for a cash-flow positive buy and hold investment. SFH or small multifamily. Ideally in a neighborhood that is expected to modestly appreciate in the coming years. I will plan on using a property manager since I will not be local. Additionally, I am hoping to stay below $180k purchase price.

To all Pittsburgh Investors, what areas of the city/surrounding area do you think may have properties that fit the above criteria? Where do you guys invest? How do you source your deals? Would love to connect with you and hear about your experience investing in RE in Pittsburgh!

Thanks!

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  • Real Estate Agent · Pittsburgh, PA · Member since 2014 · 822 posts · 255 votes
    6y

    @Joshua Klempner Sounds like a well thought out plan. Sending you a message regarding....

  • Jeremy TaggartBusiness Member
    Real Estate Agent · Pittsburgh, PA · Member since 2014 · 850 posts · 647 votes
    6y

    @Joshua Klempner you can get yourself a duplex potentially triplex in a decent area for under 180k. Cash flow will be greater than the 1% rule and the nicer areas have been seeing some good appreciation here the past 5-10 years. Really any side of the city has neighborhoods that'll work. 

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