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All Forum Posts by: Peter Albert

Peter Albert has started 3 posts and replied 7 times.

Post: Canton Ohio a good area for investing ?

Peter AlbertPosted
  • Los Angeles, CA
  • Posts 9
  • Votes 1

@Matt Kauffman thanks very much for your insight.   Could you please let me know what cap rate you can get in Canton in the better areas with better schools ?  Thanks !

Post: Cap rate in Rochester, Pennsylvania ?

Peter AlbertPosted
  • Los Angeles, CA
  • Posts 9
  • Votes 1

Hi @Randy Donatelli 

Thanks for info, that is helpful. 

If you don't mind, I'd like to please discuss this off-market deal with you, I'll send a colleague request.

Post: Cap rate in Rochester, Pennsylvania ?

Peter AlbertPosted
  • Los Angeles, CA
  • Posts 9
  • Votes 1

Hi Chuck,

Thanks for trying to clarify, but I really am asking about Rochester, Pennsylvania, which is located 25 miles northwest of Pittsburgh, part of the Pittsburgh metropolitan area. Some of the neighboring towns are Freedom, New Brighton, Beaver Falls, Aliquippa.  Rental property there seems to have a nice rate of return. I've found what appears to be a great off market deal from a very motivated seller. I'm out-of-state and not familiar with that area, so would appreciate any help. Thanks.

Post: Cap rate in Rochester, Pennsylvania ?

Peter AlbertPosted
  • Los Angeles, CA
  • Posts 9
  • Votes 1

Hi,
Excellent forum, lots of great advice here !

Would very much appreciate some help evaluating an off market mom & pop portfolio, mix of SFR's and duplexes, in northeast Rochester, Pennsylvania. Asking price is $200k, gross annual income is $46k, with expenses that meet the 50% rule, making the cap rate about 11%. Please let me know if this is a good cap rate for this area. Thanks.

Post: Canton Ohio a good area for investing ?

Peter AlbertPosted
  • Los Angeles, CA
  • Posts 9
  • Votes 1

Hi,

This Deal Analysis forum is great, I'm learning a lot ! Would very much appreciate opinions on whether Canton, Ohio is a good area for buy and hold or flipping, specifically within a few blocks of intersection of routes 43 and 172.   Looks like fixers are available there for less than $10 per sq. ft.  Thanks !

Post: Looking for local flipping partners in PA & NY

Peter AlbertPosted
  • Los Angeles, CA
  • Posts 9
  • Votes 1

Looking for local partners in Pennsylvania and New York for good flipping deals that I find.  

Please email me if interested.

[email protected]

Thanks

Peter

@Dawn Anastasi you are amazing !!

You have a great "three-percenter" rental property here with this condo !

I hope to someday be as successful an investor as you.

I also enjoyed your podcast very much.

Looking forward to reading many more of your posts !