New to Real Estate Investing and BiggerPockets, Pittsburgh, PA - Mike Leo

[Michael Leo]

Hello all!

My name is Mike Leo and like the title says I am from Pittsburgh, PA and new to real estate investing and BiggerPockets as well. I am interested in learning more about House Hacking as well as small and large multi-family investing. I'd like to make connections with like-minded people in the area!

[Nolan Sapos]

Hi Michael, welcome to BiggerPockets and the world of real estate! Im a licensed agent here in Pittsburgh. I specifically only work with investors and investment properties. Let's connect, would love to work with you!

[Wale Lawal]

@Michael Leo

Welcome to BP!

Pittsburgh is a popular market for house hacking and multifamily investing due to its affordability, strong rental demand, and diverse urban and suburban neighborhoods. To start house hacking, research neighborhoods like Lawrenceville, Bloomfield, and South Side, while for multifamily investing, consider East Liberty, Squirrel Hill, and surrounding suburbs. Network with other investors through local meetups and real estate groups, and consider small multifamily investing for faster growth. 

Good luck with your investing journey.

[Jamie Dietz]

Hi Michael,

Welcome to BP.

Been working in Pittsburgh and the surrounding areas and it is a great area to get started. I wish you the best of luck!

[Gary Swank]

Hi Mike, First off welcome and house hacking continues to be a great way to get started in REI. By doing so and if structured correctly you may find your tenant covering most of your mortgage and monthly expenses. Or at the very least, a good portion. Also this gives you the opportunity to see if being a landlord is something you really want to do. Pittsburgh can be a strong market for house hacking, being that the buy in is more conducive than other markets and it holds a strong rental history. It's picking the property and area that is key along with understanding your investment expenses. I've lived here my whole life and know the area and market very well. Feel free to reach out. We should talk further. Gary

[Bill Hampton]

@Michael Leo

Welcome to Bigger Pockets. Bigger Pockets is a great place for education and networking and is full of great content.

I recommend that you check out the following resources:

1. Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction

2. Check out other online guides available here: https://www.biggerpockets.com/guides

3. Take a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog

4. If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking

5. You can meet local investors by registering to attend real estate events in your area: https://www.biggerpockets.com/forums/521-events-and-happenings

6. BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators

7. If you can't find what you're looking for, try the Bigger Pockets Fileplace. It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/files

Good luck.