Out of State Landlording - 2 more units under contract!

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Out of State Landlording - 2 more units under contract!

Amy Chen
Investor · Wexford, PA · Member since 2016 · 16 posts · 4 votes

Started a few months ago, we purchased 2 rental properties in Pittsburgh and found tenants pretty quickly. There are also 6 SFH in Columbus Ohio scheduled to close within a couple of weeks, another two duplex in Pittsburgh under contract! I'd love to network with anyone who's currently investing in Columbus and Pittsburgh.

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Robert EllisBusiness Member
Developer · Miami, FL · Member since 2014 · 3k+ posts · 1k+ votes
8y
Originally posted by @Amy Chen:

Started a few months ago, we purchased 2 rental properties in Pittsburgh and found tenants pretty quickly. There are also 6 SFH in Columbus Ohio scheduled to close within a couple of weeks, another two duplex in Pittsburgh under contract! I'd love to network with anyone who's currently investing in Columbus and Pittsburgh.

 Its been a pleasure working with you Amy.  We are thrilled to hear that you are happy with the 6 property portfolio.  We look forward to continuing to assist you. 

[email protected]786-494-6766
Section 8 Launch52 Reviews
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  • Antoine Martel
    Rental Property Investor · Miami, FL · Member since 2017 · 2k+ posts · 911 votes
    8y

    Awesome.

    Congrats on the fast start. I love it!

    0Reply
  • Jeffrey Hotz
    Real Estate Professional · Dublin, OH · Member since 2013 · 251 posts · 165 votes
    8y
    I’m in CBUS! What can I do to help?
    0Reply
  • Gwyeth Smith
    Rental Property Investor · Huntington, NY · Member since 2016 · 102 posts · 74 votes
    8y
    I invest in pgh from out of state. Currently at 6 units. Pm me if you want to discuss strategies, neighborhoods, etc. Gwyeth.
    0Reply
  • Christopher Suh
    Residential Real Estate Broker and Investor · Irvine, CA · Member since 2015 · 90 posts · 28 votes
    8y

    @Amy Chen Congrats! I've been in the Columbus market for about 2 years now. Which area in Columbus are your 6 SFH"s?

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  • Robert EllisBusiness Member
    Developer · Miami, FL · Member since 2014 · 3k+ posts · 1k+ votes
    8y
    Originally posted by @Amy Chen:

    Started a few months ago, we purchased 2 rental properties in Pittsburgh and found tenants pretty quickly. There are also 6 SFH in Columbus Ohio scheduled to close within a couple of weeks, another two duplex in Pittsburgh under contract! I'd love to network with anyone who's currently investing in Columbus and Pittsburgh.

     Its been a pleasure working with you Amy.  We are thrilled to hear that you are happy with the 6 property portfolio.  We look forward to continuing to assist you. 

    [email protected]786-494-6766
    Section 8 Launch52 Reviews
    WebsiteView Page
    1Reply
  • Craig Lessler
    Investor · Scottsdale, AZ · Member since 2016 · 86 posts · 61 votes
    8y

    Since last summer, I have closed on the purchase of 6 SFRs in Pittsburgh. I am under contract to close on a 4-plex and another SFR on March 9th. I am using a property management company to help me find deals, renovate properties and rent and manage them. I am investing in B Class neighborhoods or better. Rents on the 6 previously purchased SFRs range from $950 to $1,200. I try to meet the 1% rule and get an 8% CAP (although I may take a little lower CAP rate for a prime property bought below market).

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