All Forum Posts by: Savannah Lewison

Hi @Lee Ripma , quick question. Did you purchase these properties all cash or use a lender? I am also from LA and looking to invest out of state, currently have my eye on Pittsburgh. I'm trying to weigh pros and cons of using cash vs. lender with some money down. You've been able to acquire so many properties in such a short amount of time so any advice would be greatly appreciated! Thanks in advance. 

-Savannah

@Eddie Werner I've sent you a PM, I will be on the hunt for a property management company if all goes well :)

@Andre Crabb I sent you a PM as well. Born and raised in San Diego I'm sure the weather will be a complete culture shock but I'm ready for it!

@David Hildebrandt I agree and here in CA as you know, it's very common for people to own properties in other states at the margins are much better. I know that many people have been successful with this without residing in the cities they own in. 

@David Hildebrandt I love that formula you use! that makes perfect sense and I will keep that in mind when shopping around. I will use this site to check rental prices in the areas I am looking in. Thank you for your help!

@Dick Stevens I did not mention that I do plan on moving to the area but regardless I will be hiring a property management company as opposed to acting as a landlord. I currently live in San Diego and it is just not feasible to purchase property at this time here or in any surrounding area. Have you had experience with rental properties in cities that you did not reside? 

Hello! This is my first post on BP and I am so glad to have found a place to ask all of my RE questions and connect with those who share a similar interest. I am fairly new to RE but have had a long time interest in purchasing property, specifically rentals. I have come across the city of Pittsburgh as a great city for investment. I truthfully have never been but will be visiting on August for a half work half play trip to check it out. I would love to hear from some Pittsburgh natives or those just familiar with the city and it's market! Thoughts on owning rentals in Pitt? What have been your experiences on RE investment in Pittsburgh and surrounding areas? 

Hello @Jack Greener thank you for starting this thread. I've sent you a private message as I am also living here in San Diego and interested in getting into RE investment. I am a 24 year old graduate of LMU and just moved back here from Los Angeles.  I am currently in RE training and on the track to save up and acquire my first rental property. I'm currently looking at cities back east like Pittsburgh which has a great market for rentals and seems to be a city on the rise! @Jeremy Lee I would love to get your feedback on this. I've sent you a PM as well. Jack, let me know if you're interested in getting a network group together, made up of other young investors, some time for coffee! 

- Savannah