outbid for properties in Wilkinsburg
Although I keep hearing how 'bad' Wilkinsburg is, I've chosen to invest in the area. I see potential and want to help revitalize the community. I've made 4 offers on rental properties in Wilkinburg (all very close to asking price), and I've been outbid every time. I am moving to the area within the next year, so although I'm learning about the real estate market in Pittsburg, apparently, I have a lot to learn.
I have a few questions for you Pittsburgh pros....If Wilkinsburg is so 'bad' why are people jumping at homes there? And, is it a strategy for real estate agents in Pittsburgh to list homes at lower prices to encourage bidding wars? I actually countered several thousand above list for two of these homes and was still outbid. Any advice for making offers particularly in Wilkinsburg?
Thanks guys!!