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Updated about 1 year ago on . Most recent reply

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14
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Daniela Beck
  • New to Real Estate
  • Wilmington, DE
2
Votes |
14
Posts

Best Tips & Value-Adds for Airbnb in Pittsburgh

Daniela Beck
  • New to Real Estate
  • Wilmington, DE
Posted

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

User Stats

756
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569
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Jeremy Taggart
  • Real Estate Agent
  • Pittsburgh, PA
569
Votes |
756
Posts
Jeremy Taggart
  • Real Estate Agent
  • Pittsburgh, PA
Replied

@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
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DHRE- The Jeremy Taggart Team
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