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Updated about 7 years ago on . Most recent reply

User Stats

7
Posts
1
Votes
Joni Kane
  • San Jose, CA
1
Votes |
7
Posts

Starting my RE investing journey in Pittsburgh, PA

Joni Kane
  • San Jose, CA
Posted

Super excited and pumped! I've been totally consumed with learning all I can about RE investing (books, podcasts, etc) and now I'm ready. I've landed on Pittsburgh, PA as my first property location. I've been looking at SFH for my first deal and the numbers look good. I'm looking to invest in "B" neighborhoods; but since I've never been to Pittsburgh, I can only rely on what I read on the internet.

Looking for an experienced, reliable and trustworthy RE agent in the Pittsburgh area who can offer expert advice and work with me on my deals.

Most Popular Reply

Account Closed
  • Pittsburgh, PA
10
Votes |
14
Posts
Account Closed
  • Pittsburgh, PA
Replied

Hi Joni: as someone who has sold both residential and commercial real estate in Pittsburgh, I will be the first to say that commercial is much easier to find than residential. There may be more residential listings than commercial, but if you drive around the city you’ll see many residential complexes (with more than 4 units, counting them to be commercial) without current tenants or caring owners. And in this market, the more units the better, which goes against all the short-sayings of quality over quantity.

Give me a PM if you have any questions. I work at a firm downtown that holds a majority stake in Pittsburgh area multifamily because not only do we sell the most (70% of Pittsburgh Sales in the last quarter) but most of us are investors ourselves.

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