Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies

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


Real Estate Classifieds
Reviews & Feedback
Updated almost 6 years ago on . Most recent reply

Help me analyze this.. cash cow?
Hello BP community,
I may have found a particularly amazing deal. I know that without knowing the specific area of Pittsburgh it's hard to tell if I'm spot on with rental numbers but I cross-checked rentometer and current properties being rented on craigslist in the area and used the conservative numbers. This seems like an amazing deal from the numbers I ran. I will say the property needs structural support repair so I added in 8k for that plus cosmetics for a 45k rehab budget. Without seeing the property in person this is just a repair estimate.
I would love to know your thoughts on this potential deal!
Thank you and as always I appreciate any and all comments, questions, and concerns,
Savannah
*This link comes directly from our calculators, based on information input by the member who posted.
Most Popular Reply
All of the above. There have been a couple of shootings in the news lately. However there are nice streets even in bad neighborhoods and the only way a neighborhood improves is when people invest and make it better. Don't let me scare you off just be sure what you are getting yourself into. The Trulia crime map is a good resource