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Updated almost 8 years ago,

User Stats

10
Posts
2
Votes
Melanie Fletcher
  • Investor
  • New York City, NY
2
Votes |
10
Posts

outbid for properties in Wilkinsburg

Melanie Fletcher
  • Investor
  • New York City, NY
Posted

Although I keep hearing how 'bad' Wilkinsburg is, I've chosen to invest in the area.  I see potential and want to help revitalize the community.  I've made 4 offers on rental properties in Wilkinburg (all very close to asking price), and I've been outbid every time.  I am moving to the area within the next year, so although I'm learning about the real estate market in Pittsburg, apparently, I have a lot to learn.  

I have a few questions for you Pittsburgh pros....If Wilkinsburg is so 'bad' why are people jumping at homes there?  And, is it a strategy for real estate agents in Pittsburgh to list homes at lower prices to encourage bidding wars?  I actually countered several thousand above list for two of these homes and was still outbid. Any advice for making offers particularly in Wilkinsburg?

Thanks guys!!

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