All Forum Posts by: Abhinav Garg

Hey @Matthew Shultis thanks for reaching out! I also just graduated from Pitt in April 2017 with a bachelors in chemical engineering... sounds like we were in the same graduating class, small world and H2P! Out of curiosity are you still in Pittsburgh?

You have a very interesting point of view of the York market since you went to Penn State York and your sister is in York College. I did have the suspicion that these colleges are small enough where they appeal mainly to local students who want to commute from home so that was interesting to hear. I'll drop you a line in your messages and maybe we can set up a call for tomorrow

@Alex Deacon thanks for the advice, I totally agree that renting to students could be very high maintenance- this is a great point. I am really interested in the Pittsburgh market and I know home values have been appreciating quite consistently over several years and expected to continue on the trend. My only hesitation is the complexity of investing in a property that's long distance from me. I do have several friends from college that might be willing to help me take care of the property instead of hiring a property manager to do so. 

What are your opinions on long distance investing? What specific areas have you seen to have fairly low vacancy rates? I know the Oakland area has been getting several high end apartment buildings over the past 1-2 years and I fear of a soon to be saturated market in Oakland

Hey Adam, it's exciting to hear that you've been able to assemble a team to get a property together. How has your search been thus far? Seems there are a ton of homes for sale in York- how are you pinpointing your locations of interest?

Hey guys my names Abhi and I'm really interested in investing in single or double family homes for rentals. I grew up in Rochester NY, went to school in Pittsburgh and now I'm living in Cockeysville, MD and working in York, PA. It's an interesting situation because I live in a most expensive area where you cant really get a single family townhouse for under 250K anywhere in the town and the standard of living is pretty high. On the other hand, York PA where I work is on the other side of the spectrum where the majority of houses are under 100K and there are two small colleges in the town (Penn state York, and York College). Only downside to my situation is that I'm not crazy familiar with the area (I moved to the area about 8 months ago)

I like the idea of renting to students because I just graduated and can kind of get in the head of college students and what they like in terms of living situations. But also I realize that students can be a pain because of the quick turn overs. I also like the idea of investing in York because of the lower barrier to entry given the lower prices of homes. 

My main questions are how do I figure out what areas in York are going to be the best for rentals (high occupancy rates) and if anybody has tips for renting in the student market.

I'm really excited to be a part of this community and I hope to learn a lot from all of you!