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Updated over 5 years ago on . Most recent reply

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Clayton Hepler
  • Rental Property Investor
  • Pittsburgh, PA
50
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150
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Any experience investing in Whitaker, Pittsburgh Pa?

Clayton Hepler
  • Rental Property Investor
  • Pittsburgh, PA
Posted

For those local Pittsburgh investors, I am considering purchasing a 14 unit multi decently heavy value add in the Whitaker neighborhood. I’ve never invested in the area, any suggestions about quality of tenant + stories about the area?


i understand that it would be a cash flow play, but don’t want to deal with a D neighborhood.  

our sweet spot is B or C value adds, but no heavy heavy lifting 10-80 units, is this a neighborhood that works with that? 

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Luke Palamara
  • Pittsburgh, PA
15
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5
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Luke Palamara
  • Pittsburgh, PA
Replied

I have a property on Larkspur.  Technically Munhall but on the border of Whitaker. As a highly general rule, I think the farther south you go in that little area, the lower the prop values and things get a tiny bit tougher.  But there are good deals to be had.

I’d definitely consider this a C area instead of a B.  

Happy to talk live if I can help.

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