Updated over 3 years ago on . Most recent reply
looking for rental property
hi
My name is Nati, I am a real estate investor from Israel and I am currently looking to expand my portfolio, My goal is to find a rental property in the price range of around 150K dollars, as I believe this is a realistic and achievable price point that will provide a good return on my investment.
I am reaching out to you for advice on where I can find the right properties in the Pittsburgh and surrounding area. Specifically, I am wondering which neighborhoods I should concentrate my search in. If anyone has any suggestions on where to start my search or any properties that may fit my criteria, I would greatly appreciate your guidance. Thank you in advance for any assistance you can offer.
Best regards.
Most Popular Reply
150k definitely gives you some options in Pittsburgh. I don't have enough info here though. What is your goal with the 150k? What kind of deal are you looking for? A flip? A BRRRR? Buy and hold for cash flow?
You can find some single family homes and duplexes for under 150k that will cash flow for you. Or, if you want to do a value add deal and exit realize the equity after the rehab, you'll be able to pull something together for 150k all-in cost. Happy to comment more if you have any more details.