Archive for April, 2007

Will Pittsburgh real estate appreciate in value?

Tuesday, April 3rd, 2007

Not too long ago, I wrote about investing in Pittsburgh real estate. An $1,000 investment generated $300/month positive cash flow (liabilities = $18,000 mortgage, tax, and insurance which toaled $300 monthly payments while income = $600/month rent).

Most real estate investors are also looking for appreciation of the property. Pittsburgh is trying to make that happen and by targeting niches, I think the city has a good chance.