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Updated over 3 years ago on . Most recent reply

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Alex Zawojski
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5
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1st House Purchase Next Year

Alex Zawojski
Posted

Hey all, 

I'm new here and new to real estate investing. I just figured I'd say hi. I'm looking hopefully by next summer being able to buy my first house as a primary residence within the Pittsburgh area. I figured I'd try to remodel whatever I find at the time to go along with a BRRR method. I'm guessing I'll be able to have a decent amount for the down payment so I'm debating a single family or duplex setup. At this time I'm just reading a ton to prepare myself with the purchasing aspect. But I was wondering, is there anything I should take into special consideration when I'm looking at properties next summer with the idea that I will be renting it out after a year or so. Eventually I'd like to explore running unique vacation rentals, but that's a few years down the road at this point. Forgive my ignorance and thanks for any info!

Most Popular Reply

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Jim K.#3 Investor Mindset Contributor
  • Handyman
  • Pittsburgh, PA
13,765
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Jim K.#3 Investor Mindset Contributor
  • Handyman
  • Pittsburgh, PA
Replied
Originally posted by @Alex Zawojski:

Hey all, 

I'm new here and new to real estate investing. I just figured I'd say hi. I'm looking hopefully by next summer being able to buy my first house as a primary residence within the Pittsburgh area. I figured I'd try to remodel whatever I find at the time to go along with a BRRR method. I'm guessing I'll be able to have a decent amount for the down payment so I'm debating a single family or duplex setup. At this time I'm just reading a ton to prepare myself with the purchasing aspect. But I was wondering, is there anything I should take into special consideration when I'm looking at properties next summer with the idea that I will be renting it out after a year or so. Eventually I'd like to explore running unique vacation rentals, but that's a few years down the road at this point. Forgive my ignorance and thanks for any info!

How damn, the wolves are circling...Jesus. What kind of "unique vacation rental" in Pittsburgh are you thinking of?  Tell me about that. But before you do that, please tell me about anyone who's ever told you that Pittsburgh is their dream vacation destination. Tell me why...is it the restaurants? The shopping? The nightlife? The natural beauty of the area? The splendid weather? The vibrant mélange of different cultures here in this glittering cosmopolitan cynosure of the Western Hemisphere?

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