All Forum Posts by: Johnathan Alesso

Congrats! You definitely have the right mindset. Do you plan to continue to invest in Michigan? Do you have an LLC?

Welcome, Corey!  I generally agree with what was posted above.  My partner and I live in California but continue to invest in Pittsburgh.  As a WPA native, I know the region well and feel comfortable investing from across the country. 

We own properties in Monessen, Charleroi, Donora, Pittsburgh, and Turtle Creek.  I definitely agree with the previous post regarding Penn Hills as you may have a difficult time with resale.

I don't know Beaver County well, but I imagine there are plenty of cash flow opportunities as there are in most WPA steel towns.  You should easily find a deal that meets the 2% rule.  Have you looked at Ambridge, Rochester, and Aliquippa?

Are you working with a realtor/agent/professional?  I'm happy to help out as I can. 

Feel free to PM me.

Johnathan

Welcome to BP!  I live in expensive San Diego but invest in Pennsylvania.  I imagine you can find affordable multis somewhere with a 2-hour drive of Portland.  Have checked Eugene, Salem, or points south along I-5? 

Out of state investing is not as scary as it may seem if you have a trusted team in place. 

Welcome, fellow Californian!  While we invest in Pennsylvania, I am open to new ideas on the west coast.  I currently live in San Diego and would like to explore the CA market.

Are you interested in buying and holding, flipping, or a combination thereof?

Where is your focal point - San Luis, or points north, south or east?

Congratulations!  Thanks for sharing.  I'll check out your website.

Welcome!  I live in San Diego, but invest exclusively in the Pittsburgh area. 

There are tremendous cash flow opportunities all around western PA.  Feel free to connect with me to chat in detail.

Welcome to BP!  I am a Pittsburgh native who invests in the WPA area.  I currently live in San Diego, but continue to invest in Allegheny, Westmoreland, and Washington counties.  I primarily focus on cash-flow rentals, but have awareness of other investment strategies.

Are you looking to begin a wholesale business?  I can recommend some resources if you ping my privately. 

If you'd like to discuss the market for rentals, I'm willing and eager to discuss!

You'll be able to make a mint in Pgh with your drive and ambition.

Johnathan

Willkomen!  Are you looking to invest in Denmark or the US? 

I happen to now a lot about Denmark.  How feasible is it to find cash flowing rental in Copenhagen?

I love your country, by the way!  You guys know how to live the right way.

Welcome to BP! I'd recommend lower-priced rentals in outer Chicagoland areas that cash flow at least $350 after all expenses are included. I imagine you can find this somewhere west of the city. Don't be afraid to head into Wisconsin, either, or northern Indiana. You won't visit your property very often after purchase if you have a good property manager. Find a realtor on this site, scroll through the MLS listings, figure out what you can afford, and make an offer. Don't overcomplicate the process like I do :-)

Welcome!  Chicago is such a great city.  Do you plan to buy and hold, flip, wholesale, or a combination thereof? 

I personally recommend beginning with easy buy-and-holds in lower-cost areas. These are lower-stakes investments where you can both learn and mitigate your exposure and risks. I don't know Chicago's outer areas well, but I imagine you can easily find a $50-75K property somewhere in a decent part of Chicagoland. I would focus on working class areas. Look up a realtor/investor on this site, make contact, request MLS listings, run the numbers, and figure out what you can afford. If it's your first rental, I would recommend a trustworthy property manager.