Best markets to BRRRR in Pittsburgh?

[Clayton Hepler]

This is a post which could turn into an argument...

... What are best markets to BRRRR in Pittsburgh?

I'd like everyone to weigh in to first, challenge our own opinions and second, to help out of state investors.

[Alex Deacon]

@Whitney Hutten I cant say. There are so many parameters. I own properties in the really bad areas and I own some properties in very exclusive neighborhoods. Do they want section 8? How much do they have to spend? Are they adverse to risk and what level of risk? There are probably 20 other parameters. That will all dictate where they can look. Are they adverse to lower income housing? Do they want a fixer upper? To keep it simple. In my opinion with 26 years of experience and thousands of transactions I would advise any new investor to focus on a good B or A area for your first investment. One thats more turn key. Carnegie, Crafton, Monroeville, Scott township, etc... Areas that the school district has a good rating. Not sure if this is helpful. Choose an area that is affordable for your budget and has a good school district and the property can be sold easily if the investment doesnt work out as planed. An easy exit strategy. Its important to minimize and manage risk in this business.