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2
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0
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Kevin Turcios
0
Votes |
2
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Just moved to Pittsburgh from Rockville, MD

Kevin Turcios
Posted

Hi everyone. I'm a relatively new investor who just relocated to Pittsburgh from Maryland. I would love to connect with other investors + build my team so I can get more familiar with the area. I'm interested in doing long term rentals using the BRRRR strategy, but curious to learn what others are doing.

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804
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605
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Jack Seiden
Pro Member
  • Real Estate Agent
  • Washington DC
605
Votes |
804
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Jack Seiden
Pro Member
  • Real Estate Agent
  • Washington DC
Replied
Quote from @Kevin Turcios:

Hi everyone. I'm a relatively new investor who just relocated to Pittsburgh from Maryland. I would love to connect with other investors + build my team so I can get more familiar with the area. I'm interested in doing long term rentals using the BRRRR strategy, but curious to learn what others are doing.


It’s gonna be hard if not impossible to get the margin to brrrr pretty much anywhere in the region, would recommend more turn key & house hack. 

  • Real Estate Agent Virginia (#0225260957), District of Columbia (#Sp40001090), and Maryland (#667710)

  • Samson Properties
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3,979
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2,121
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Wale Lawal
Agent
#3 New Member Introductions Contributor
  • Real Estate Broker
  • Houston | Dallas | Austin, TX
2,121
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3,979
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Wale Lawal
Agent
#3 New Member Introductions Contributor
  • Real Estate Broker
  • Houston | Dallas | Austin, TX
Replied

@Kevin Turcios

Join local real estate clubs, attend meetups and events, explore online networks, connect with local realtors, analyze the market, and consider finding a mentor. These procedures can assist you in learning from experienced investors, identifying possible partners or contractors, and making sound investment selections. Furthermore, seeing new communities and obtaining advice from experienced mentors might be useful.

Good luck!

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User Stats

3
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2
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Daniel Bergless
  • Real Estate Agent
  • Pittsburgh
2
Votes |
3
Posts
Daniel Bergless
  • Real Estate Agent
  • Pittsburgh
Replied

Hey Kevin and Welcome! Me and my team run a large acquisition firm here in Pittsburgh with multiple properties coming in monthly for strategies like yours. Definitely can help you out. Lets get together and talk more soon.

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Chris Seveney
Pro Member
#3 All Forums Contributor
  • Investor
  • Virginia
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Chris Seveney
Pro Member
#3 All Forums Contributor
  • Investor
  • Virginia
Replied
Quote from @Kevin Turcios:

Hi everyone. I'm a relatively new investor who just relocated to Pittsburgh from Maryland. I would love to connect with other investors + build my team so I can get more familiar with the area. I'm interested in doing long term rentals using the BRRRR strategy, but curious to learn what others are doing.

As mentioned you can do a BRRR but do not expect to get all your money out of the deal and have it cashflowing. You will still need to leave money in the deal if you want it to cash flow. Also recognize that construction costs will be 2-3x more expensive in this area than they were in Pittsburgh so be careful and make sure to understand pricing before going into a rehab.

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Julio Gonzalez
Pro Member
#2 New Member Introductions Contributor
  • Specialist
  • West Palm Beach, FL
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4,111
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Julio Gonzalez
Pro Member
#2 New Member Introductions Contributor
  • Specialist
  • West Palm Beach, FL
Replied

Hi Kevin, you came to the right place! 

This is a great place to learn and further investigate investing in real estate.

-Julio

User Stats

803
Posts
249
Votes
Gary Swank
  • Real Estate Agent
  • Pittsburgh, PA
249
Votes |
803
Posts
Gary Swank
  • Real Estate Agent
  • Pittsburgh, PA
Replied

Hi Kevin, Welcome to Pittsburgh. I've lived here my whole life and know the area and properties very well. Pittsburgh offers investors many opportunities, but you got to do your research as neighborhoods and properties change dramatically. If you're looking for help finding a property based upon your criteria, don't hesitate to reach out to me. Thanks and best of luck to you. 

User Stats

86
Posts
49
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Alyssa Wright
  • Real Estate Agent
  • Pittsburgh, PA
49
Votes |
86
Posts
Alyssa Wright
  • Real Estate Agent
  • Pittsburgh, PA
Replied

Hey Kevin, 

Welcome to Pittsburgh!

If you ever need any help with anything from investment deals, sales, renovations, or property management, feel free to reach out! I work with a one stop shop brokerage and we'd be happy to help you with anything you could need! 

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11
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6
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Julie Huffman
Pro Member
  • Property Manager
  • Cranberry Township
6
Votes |
11
Posts
Julie Huffman
Pro Member
  • Property Manager
  • Cranberry Township
Replied

Hi Kevin, 

Welcome to Pittsburgh! This is an exciting market to explore and can give you a lot of opportunity. 

If you need help finding BRRRs, turn keys etc my team would be happy to help! We specialize in investments, property management and renovations!