All Forum Posts by: Jerry Kisasonak

@Nastassja S. 

There are a few groups like this in Pittsburgh! Check out Acre, WPREIA, and there are informal groups that can be found on Meetup.com. Most Meetup group are free and the investor associations generally have a yearly membership fee that hovers around $150.

@Ndy Onyido 

Thanks for the comment. We do in fact have a way to differentiate between depressed areas and war zones. I suppose the easiest way to learn the difference is to watch the news for a few days. In Pittsburgh there seems to be a shooting every day, and we start to see patterns in the locations that they happen. However, there are other areas that are clearly depressed areas but rarely do you hear about them on the news. This is a clue.

If you wanted to get more technical you could research homicide statistics in your county. I'm sure they even have maps with the locations pinned if you dig enough to find them.

"Low end" can mean many things. There are depressed areas and there are warzones. We are comfortable going into depressed areas and being part of the solution by buying homes and keeping them updated and occupied with clean and responsible tenants. If you buy in a warzone you can only become part of the problem - there is no solution aside from not going there. Just my opinion. 

Nevertheless, there are issues to deal with in depressed areas. If someone steals our copper we have it fixed and move forward. We tend to focus on how bad someone's situation must be to have to resort to such behavior. We are so blessed and don't feel much need to sulk over small setbacks that, in all reality, can be fixed in a day's work. 

Yep... looks like I was wrong on my post above about being able to charge a pet deposit.

Hi Artem! Pittsburgh is fairly general geographically speaking. What area are you in? Thanks!

I believe you can still charge a pet deposit even if it is a support animal. What you can't do is refuse tenancy because they require a support animal. I could be wrong though. 

In your situation the owner is ok with pets so at least you don't have that hurdle to concern yourself with. 

@Ian Hoover 

Awesome to see you step up and set this up! I'm sure we quite a few investors in our Pittsburgh real estate investors Facebook group that would like to attend. If you're interested in joining the group let me know. We have 830+ local investors in that group.

Also, if there's anyone else who would like to join the Facebook group get in touch with me. Thanks!

@Anthony Brown Jr. 

PA transfer tax on wholesale deals eats into profits. Other states, if they have a transfer tax at all, do not impose it on wholesale assignments. 

Max Beier. Google him for contact information. Also, feel free to add us to your buyers list Steve. And yes, PA is not exactly wholesale friendly. 

Thanks! @Chris Martin