All Forum Posts by: Rushil Gulati

Hi all, I am looking to invest in Akron, OH. I am looking in the zipcode 44314 which is Kenmore. I had a few questions and would like to know from people around the area:

1. Akron has a decreasing population. Is this an issue with investing in the area? Are there plans for growth in future and any developments going on? Also, how does the appreciation looks like

2. What thoughts do people have on the zipcode I am looking at?

3. How is the rent for a 5bd 2 ba in the area?

TIA!

1 Vote

Akron, Ohio

Thank you :)

0 Votes

Pittsburgh, Pennsylvania

Quote from @Matt Dingus:

Hi @Rushil Gulati. If you're looking for cashflow, those areas you mentioned are going to be pretty difficult I think to pull any decent CF. Brentwood you can sometimes find a good brick duplex that hits around the 1% rule but then their absurdly high taxes tend to wipe that out pretty quick. The other 3 areas have seen some high price growth and are highly sought after these days, the price to rent ratio won't be on your side in most cases. I would check out Banksville, Beechview, Overbrook, maybe Carrick if you want to stay somewhat near city and cashflow. We also tend to guide clients 30 mins or so out of the city to some decent areas where the price to rent ratio is more cashflow friendly. If you want to dig into this further just send me a DM! Happy to help

@Matt Dingus thanks for replying on the post. That’s the main problem I am facing regarding cashflow which you just mentioned above. I will try to search along those new areas as well. Your response was very helpful

0 Votes

Pittsburgh, Pennsylvania

Quote from @Michael Sassone:

Quote from @Rushil Gulati:

Hi Everyone, I am new to real-estate world and I am planning to buy a multi-family property (2-4 units) in Pittsburgh area. My budget is maximum 350k. Currently, I am looking in Bellevue, Avalon, Troy Hills, Brentwood area. What other areas should I look which are good, and can generate cash flow. Thanks in advance :)

Real Estate is a #'s game in every aspect. I would pick one area and run the #'s until there are no more options. Then pick another area and do the same. Just keep plugging and chugging #'s until you find a spot that seems good for you. Don't focus too much on trying to hit the jackpot.

Do you have access to MLS?

Thanks for the reply. No, I do not have access to MLS

0 Votes

Pittsburgh, Pennsylvania

2 Votes

Pittsburgh, Pennsylvania

All Forum Posts by: Rushil Gulati

Rushil Gulati has started 2 posts and replied 6 times.

Post: RentToRetirement.com Review - Beware of this scam

Post: Looking to invest in Akron, OH. Advice Needed!

Post: Good Areas in Pittsburgh, PA to invest in multi-family houses

Post: Good Areas in Pittsburgh, PA to invest in multi-family houses

Post: Good Areas in Pittsburgh, PA to invest in multi-family houses

Post: Good Areas in Pittsburgh, PA to invest in multi-family houses