Best Tips & Value-Adds for Airbnb in Pittsburgh
Hi all! Looking to buy my second door in Pittsburgh, PA (my hometown!) and would appreciate any tips and pointers you have for buying in the area.
I have my buy box below:
Pittsburgh Buy Box:
- [ ] Price between $100K - $200K
- [ ] 2 Bed 1 Bath (+/- in bed category)
- [ ] Easy transportation options to Downtown Pittsburgh
- [ ] Access to things to do closely - restaurants, shopping
- [ ] Troy Hill, Millville, & Central/Upper Lawrenceville
- [ ] Cash flow of least $500+ monthly with CoC around 15%
- [ ] Decent parking situation - feasible on-street parking
Let me know what you think!
Most Popular Reply
@Daniela Beck Lawrenceville be tough under 200k unless you are good with a fixer. Troy Hill and Millvale can work for Airbnb since they are a little cheaper but still good demand given their location. I'd say if you can get a duplex in the 200's where you are doing airbnb in both units that would give you the best shot at cash flowing where you want it to. Single family can work too if you get it low enough. You can get a single family in either of those neighborhoods 100-200k but might be worth it to go a little higher in price to get 2 units as far as cash flow goes.
- Jeremy Taggart
