First Time Investor Looking at the Pittsburgh, PA Market

First Time Investor Looking at the Pittsburgh, PA Market

Ventura, CA · Member since 2017 · 2 posts · 2 votes

Hello, It's my first post!

My daughter and her boyfriend are looking to live in the Pittsburgh area for a couple years. They have done their research and are excited about the city. I thought it would be a great opportunity for my first investment property. I would love anyone's thoughts on the market and any Broker or Wholesaler contacts in that area. Ideally I would be looking for a 3+ bed that they could essentially house hack. I am open to fixing something up too because I am planning on holding the property for renting long after they leave.

Thanks for any help you can provide.

Cheers

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Investor · Dallas TX, United States · Member since 2014 · 1k+ posts · 1k+ votes
9y

Hello Delores

for starters you might want to come to the Pittsburgh REIA meeting as my guest on the 18th. You can network with 160 other local investors and maybe even learn a thing or two.

to your success

Josh

PS we can help you get started.

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  • Real Estate Agent · Pittsburgh, PA · Member since 2014 · 822 posts · 255 votes
    9y

    Hi Dolores, Welcome to BiggerPockets. I can help you with your interest investing in Pittsburgh. I'm sending you a colleague request. Gary

  • Investor · Dallas TX, United States · Member since 2014 · 1k+ posts · 1k+ votes
    9y

    Hello Delores

    for starters you might want to come to the Pittsburgh REIA meeting as my guest on the 18th. You can network with 160 other local investors and maybe even learn a thing or two.

    to your success

    Josh

    PS we can help you get started.

  • Investor · Bellevue PA · Member since 2016 · 52 posts · 10 votes
    9y

    Hi Dolores

    Pittsburgh is an interesting real estate market.  There are plenty of opportunities to buy a multi unit property in a good neighborhood.  Attending a RE Investor meeting is always a good idea in a new place, so agree with @Josh Caldwell, great way to meet people who can help you.  

    Good Luck

    Mark

  • Accountant · Pittsburgh, PA · Member since 2015 · 51 posts · 14 votes
    9y

    @Josh Caldwell - when is the next meeting and what is the best way to join?  Thanks!

  • Investor · Dallas TX, United States · Member since 2014 · 1k+ posts · 1k+ votes
    9y

    @Jack Macioce all of our meetings are the 3rd Tuesday of the month, which happens to be tomorrow.  We meet at 3579 Masonic Way, Pittsburgh PA 15237 at 6pm for networking, and the main meeting starts at 7.  Come as my guest and we can get you an application at the meeting. 

    to your success

    Josh

  • Accountant · Pittsburgh, PA · Member since 2015 · 51 posts · 14 votes
    9y

    Thanks @Josh Caldwell. I signed up for the Pittsburgh REIA newsletter. Can't it make it tonight due to other obligations, but I plan to attend next month's meeting to get an application and join. Thanks again for the info!

  • Investor · Dallas TX, United States · Member since 2014 · 1k+ posts · 1k+ votes
    9y

    @Jack Macioce fantastic, I look forward to meeting you at the next meeting then

  • Investor · Mars, PA · Member since 2016 · 3 posts · 0 votes
    9y
    Josh Caldwell I am also interested in investing in the Pittsburgh multi-family market. Already have 2 investment town-houses. How can I come to the meeting as your guest ? Thanks !
  • Investor · Dallas TX, United States · Member since 2014 · 1k+ posts · 1k+ votes
    9y

    Hello Cyrus

    I saw that you just signed into our free newsletter that will tell you where and when we have meetings.  Our main meeting is the 3rd Tuesday of the month, in Ross Twp in the North Hills.  The address is 3579 Masonic Way, Pittsburgh PA 15237  It is right off of cemetery lane, and maybe 1/4 mile from Rt 279.  All first time guests are free.  We start networking at 6pm, come and find me, I would like to meet you. 

    To your success

    Josh

  • Real Estate Agent · Pittsburgh, PA · Member since 2014 · 822 posts · 255 votes
    9y

    @Cyrus Khan @Jack Macioce @Dolores Richards @Mark OGara In addition to attending the REIA meetings in Pittsburgh, watching the podcasts, reading the articles here on Biggerpockets and participating in the forums, is to get with a Realtor who knows the investment market in your areas of interest and has a track record of securing deals with fellow investors. Good luck in all of your investment ventures everyone.....Gary

  • Real Estate Agent · Pittsburgh, PA · Member since 2015 · 1k+ posts · 846 votes
    9y

    Hi @Dolores Richards Welcome to BP!

    I look forward to seeing you or your family at one of the meetings one day!

    You could do a duplex in a decent area for them? They could get in with owner occupant financing to reduce your out of pocket cost?

    Just an idea. Let me know if you have any questions, but do you know where they plan on living?

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