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All Forum Posts by: Corey A.

Corey A. has started 2 posts and replied 10 times.

Post: New to the Forum; would love to connect!

Corey A.
Pro Member
Posted
  • New Castle, PA
  • Posts 10
  • Votes 4

Welcome to the forums Dominic!

Post: New Member From South East Pennsylvania

Corey A.
Pro Member
Posted
  • New Castle, PA
  • Posts 10
  • Votes 4

Welcome to the forums!

Post: Active Duty Member Preparing For Retirement

Corey A.
Pro Member
Posted
  • New Castle, PA
  • Posts 10
  • Votes 4

Welcome to BP LaJoyce! You're in the right place

Post: Investing in New Castle, PA

Corey A.
Pro Member
Posted
  • New Castle, PA
  • Posts 10
  • Votes 4

Thanks @Raymond B.! I'm on the north hill, and that's where all the properties are that I'm looking at.

Lane - I messaged you.

Post: Investing in New Castle, PA

Corey A.
Pro Member
Posted
  • New Castle, PA
  • Posts 10
  • Votes 4

Hey everyone,

I'm looking to get started with my first buy and hold property, and I was wondering if anyone has any experience or knowledge of investing in New Castle, PA? I live in the city, but I'm not really sure about the statistics to analyze the deals... There are quite a few multi-family properties that are very low priced that I would like to get started with, and the numbers look good to me on the surface (other than these ridiculous property taxes)... but can anyone add insight on expected vacancy percentages, expected annual rent increases, or issues with city inspections, etc? I've heard some horror stories, but some of these deals look too good to pass up.

Thanks for any help!

Post: New member in Pittsburgh Pennsylvania

Corey A.
Pro Member
Posted
  • New Castle, PA
  • Posts 10
  • Votes 4

Hey Stephen, welcome to the forums! I'm located near Pittsburgh too, trying to build up the nerve to get started.

Post: Fresh from Central PA

Corey A.
Pro Member
Posted
  • New Castle, PA
  • Posts 10
  • Votes 4

Welcome to the forums Steven! I'm in western PA - always nice to see more PA folks on here!

Post: New Pittsburgh Investor

Corey A.
Pro Member
Posted
  • New Castle, PA
  • Posts 10
  • Votes 4

Welcome to the forums Mike! I'm about an hour north of Pittsburgh. Nice to see more local people on here!

Post: New Member from Western PA

Corey A.
Pro Member
Posted
  • New Castle, PA
  • Posts 10
  • Votes 4
Originally posted by @John Cohen:

@Corey A. Welcome to BiggerPockets!! I would recommend getting into the multifamily if you can, economies of scale are better. If you have any questions don't hesitate to ask.

 Thank you John!

Post: New Member from Western PA

Corey A.
Pro Member
Posted
  • New Castle, PA
  • Posts 10
  • Votes 4

Hi everyone - I've been listening to the podcast for the last couple months and finally made my way onto the forums and figured I would introduce myself!

I'm Corey and I live in western PA, right near the OH border. I'm a CPA during the day, and I've always been very interested in real estate investing. My experience thus far in real estate is pretty limited - I purchased my first home soon after finishing school and rented rooms to a couple friends, so I've been a "roommate landlord" for a couple years. I'm ready to move to the next level and have been actively looking for multifamily properties, but I have been very cautious (sometimes to my detriment) moving forward. Properties in my city are unbelievably cheap, but vacancy is high and the area is not great (or "good"). Surrounding communities are better places to live, but that of course comes with a higher price tag, which makes me nervous.

Anyway, that's where I'm at right now. The podcasts and posts on the forums have been very valuable to me thus far and definitely steering me down the right path, and hopefully sooner rather than later I'll be scoring my first deal!