All Forum Posts by: Eric Wood

One bit of advice I like to give “data guys” like yourself is to be cautious of over analyzing the numbers. Paralysis by analysis is a real thing! I have seen many people miss out on good deals because they are so caught up on making numbers work to their liking…when at the end of the day, they are just projections and estimate and will never be exact. It’s more important sometimes to just jump in and learn that way.

Please reach out if there’s anything I can do to help!

Thanks Max - that is a very good point and something that definitely does happen to me. So, I appreciate the reminder on that!

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Pittsburgh, Pennsylvania

Quote from @Hope Harmotto:

hi Eric!

I'm a local real estate agent who works with a number of investors with a variety of different portfolios. If you're ever looking for insight on the local market, recommendations on contractors, lenders, etc. feel free to reach out. Happy to be a resource!

Thanks Hope - will do!

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Pittsburgh, Pennsylvania

Quote from @Alex Hileman:

Welcome Eric! You're in the right market. Pittsburgh is still affordable and there is an abundance of distressed properties ready for investors to restore and add value.

Check out AirDNA and Rentometer for up to date rental data.

Our local ACRE chapter has monthly meetups and classes that are great for learning and networking. My company hosts a free real estate meetup quarterly and it's a great way for investors to network with locals in the industry. I can also recommend some local contractors that our investors have had positive experiences with.

Feel free to reach out to me if you'd like some additional resources or connections, and happy investing!

Thank you! I saw your comment in another post about the quarterly meetup and was going to ask you about the next one. Thanks for the link - I'll try to make it! And thanks for all of the other resources, I'm checking them out and they are going to be very helpful.

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Pittsburgh, Pennsylvania

Thanks Matthew - I appreciate the thorough response! I'm reading through the Ultimate Beginner's Guide now - this is a great starting point. Once I finish that, I will look into the rest of your tips/resources. Thank you!

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Pittsburgh, Pennsylvania

Hello BP!

I'm Eric - my wife and I are exploring purchasing our first rental property, ideally in the Pittsburgh area (especially the South Hills). We have our own personal home, but are interested in the idea of having some rental properties to generate additional income and build wealth. We have a lot to learn and I'd heard about Bigger Pockets for years on various FIRE podcasts, so I finally joined. Hoping to network with others in the area, learn, and start building a portfolio! Any recommendations for resources (calculators, spreadsheets - I'm a huge data guy), contractors, and any other related professionals in the Pittsburgh area would be so appreciated!

1 Vote

Pittsburgh, Pennsylvania

All Forum Posts by: Eric Wood

Eric Wood has started 1 posts and replied 5 times.

Post: New aspiring RE investor in Pittsburgh PA!

Post: New aspiring RE investor in Pittsburgh PA!

Post: New aspiring RE investor in Pittsburgh PA!

Post: New aspiring RE investor in Pittsburgh PA!

Post: New aspiring RE investor in Pittsburgh PA!