Pittsburgh Real Estate Forum
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated about 2 years ago on . Most recent reply

Where invest in Pittsburgh (buy+hold) in the city or in suburbs?
Hello everyone! My name is Amalia, I currently live in Pittsburgh, but I lived in Switzerland and Belgium before, where I was actively investing in real estate (still are). New to BP and real estate investing in Pittsburgh but I am pretty interested in buying rentals. Just looking for any advice about the areas that can be interesting (not in terms of appreciation even if possible it would be great) but of return of investment thanks to the rental income .
What is better? Out of Pittsburgh par exemple in Carnegie, Brookline/Beechview, Westview, Bridgeville, Shaler, Glenshaw, Stowe township, Crafton, Ingram?
Or in Pittsburgh like Laurenceville, Bloomfield? Swissvale?..
My goal is to find stable tenants.
I look forward your input, ideas, suggestions, I'm all ears.
Thank you.
Amàlia
Most Popular Reply

Brookline/Beechview are actually in the city even though they have a little more of a suburban feel. I think these two neighborhoods stay affordable and are good for cash flow due to them being in the city school districts. I think this keeps a lot of families out of those areas. Which keeps the cost of these properties very reasonable which allows for cash flow. However, I doubt these places will ever become a trendy neighborhood like Lawrenceville. The only way you would see excessive appreciation would be if the city as a whole became a hotspot.