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Updated about 6 years ago on . Most recent reply

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Jim K.#3 Investor Mindset Contributor
  • Handyman
  • Pittsburgh, PA
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What are your thoughts on Rankin?

Jim K.#3 Investor Mindset Contributor
  • Handyman
  • Pittsburgh, PA
Posted

I'm really curious. What would you guys think about putting money in Rankin right now, and why?

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Nick Michaels
  • Rental Property Investor
  • Gibsonia, PA
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Nick Michaels
  • Rental Property Investor
  • Gibsonia, PA
Replied

I honestly had to look up where Rankin was on Google Maps and I have lived in Pittsburgh for 38 years :) That whole area beyond (read: east of) Homestead and Munhall is "places near Kennywood" in my mind. I grew up on the Northside and that was my only reason to ever be over there.

It's next to Braddock and most folks rarely mention "Braddock" without saying "warzone", so I would imagine it would be a high risk play to invest in Rankin. That all being said, I am not very knowledgable about the area so I may be misspeaking. "Driving the area" using Google Maps I would rank investing there as the same risk profile as investing say New Kensington, Brackenridge, Aliquippa, etc.

I am not sure of the economic drivers in that area, on the bright side it's NOT in a flood zone :)

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