New to Pittsburgh Real Estate: Seeking Advice on the Best Neighborhoods for Flipping

[Tomer Einy]

Hey BiggerPockets Community!

My name is Tomer, and I'm a real estate investor who is relatively new to the Pittsburgh market. I'm excited to dive into the world of single-family home flips, with a budget of up to $150k per property. I've been researching the area, but I would love to hear from the experts here about where I should focus my attention.

Specifically, I'm looking for advice on:

1. - Promising Neighborhoods: Which areas in Pittsburgh are currently showing good potential for single-family home flips? I'm looking for neighborhoods with a strong real estate market, good schools, and a sense of community.
2. - Neighborhoods to Avoid: Are there any areas that I should steer clear of due to high crime rates, low property values, or other red flags?

Some additional context:

• - I'm interested in neighborhoods that offer a good balance of affordability and potential for appreciation.
• - I'm particularly keen on areas where there's a high demand for single-family homes.
• - Any insights on recent market trends or upcoming developments in Pittsburgh would be greatly appreciated.

Thanks in advance for your help! Looking forward to your recommendations and any tips you might have for a newbie in this market.

Cheers,
Tomer

[Jacob Kocent]

Tomer, welcome to Bigger Pockets! Pittsburgh is a great place to get started because there are so many areas that are affordable to get into and generate a positive return. A few promising neighborhoods include Plum, Baldwin, Bellevue, and Carnegie. These are very affordable and are strong neighborhoods that are rising in appreciation and have good schools. As far as neighborhoods to avoid, I would steer clear of McKeesport, Aliquippa, and McKees Rocks. They all have high crime rates and generally low property values.

I'm an agent here in Pittsburgh that works specifically with investors. Would love to connect further!

[Jeremy Taggart]

@Tomer Einy generally neighborhoods with an ARV of about 250-350k are your best bet right now. That gives you enough margin to work with and make a profit and have the highest # of people looking in that price range since it's closest to the median price point of home here. Plenty of areas that fall within that price range.