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All Forum Posts by: Vianca Lauret-Karnati

Vianca Lauret-Karnati has started 2 posts and replied 3 times.

@Anthony Angotti

Median Income Range - Yes

walkability - yes

quality of schools - Not too important

suburb/city feel - both would work as long as it's a good area (low crime rate)

Access to public transport- If a lot of people use public transport, then Yes.

Young professionals and families as tenants in proximity of industries and the main areas of Pittsburgh is always a plus.

That sounds very reasonable and pretty much what we are looking for as well - For instance if someone asked me to define what I'm looking for in a neighborhood to invest in I'd say, areas where median household income is at least 50k, median home value over 140k, median rents of at least $1000 for all bed/bath counts, easy access to city center via public transportation, and at least one walkable main street area in vicinity.

Thank you for your response.

Hello,

My husband and i currently live in NYC but we're thinking on moving to Pittsburgh and invest in Multifamily homes there. The plan is to buy and hold and maximize the cash flow every month. We would like to invest in desirable yet affordable areas with good tenants. Any recommendations on areas that would match all the above criteria I mentioned?

Thank you in advance!!

Hello,

My husband and i are buying an investment property in Kingston NY. Today is the lead paint inspection and the inspector called us to tell us that because the owner of the house had done renovation himself there is active disturbance of lead paint and asbestos and most likely both Hazardous. Any advice on what we should do? should we not close the deal? I hear Lead remediation is a lot of work and money. Is this type of situations common in Kingston NY?? 

Any advice or input would be greatly appreciated.

Thanks