Good Areas in Pittsburgh, PA to invest in multi-family houses

[Rushil Gulati]

Hi Everyone, I am new to real-estate world and I am planning to buy a multi-family property (2-4 units) in Pittsburgh area. My budget is maximum 350k. Currently, I am looking in Bellevue, Avalon, Troy Hills, Brentwood area.  What other areas should I look which are good, and can generate cash flow.  Thanks in advance :)

[Matt Dingus]

Hi @Rushil Gulati. If you're looking for cashflow, those areas you mentioned are going to be pretty difficult I think to pull any decent CF. Brentwood you can sometimes find a good brick duplex that hits around the 1% rule but then their absurdly high taxes tend to wipe that out pretty quick. The other 3 areas have seen some high price growth and are highly sought after these days, the price to rent ratio won't be on your side in most cases. I would check out Banksville, Beechview, Overbrook, maybe Carrick if you want to stay somewhat near city and cashflow. We also tend to guide clients 30 mins or so out of the city to some decent areas where the price to rent ratio is more cashflow friendly. If you want to dig into this further just send me a DM! Happy to help