Personally, I think Brighton Heights is a great neighborhood that is seeing quite a bit of activity. Morningside is great too! Of course there are always the Squirrel Hill, and Shadyside neighborhoods, but they are, as you know, the upper tier neiborhoods, so you will pay more. Look at estates, and REO properties on the buy side. You will get your best bang for the buck there. Lawrenceville, and Bloomfield are rocking right now too... If you can find something good. Hope that helps. Pittsburgh is a great place to be flipping right now!... more
The first thing I would consider is the price. If you are getting a good deal or can update to increase value then it may be smart. Sq. Hill / Shadyside is an attractive neighborhood. You may want to expand your boundaries to include Greenfield / Point Breeze. They are both close to the Universities, BUT no where near as attractive as Sq. Hill / Shadyside. To reiterate my point some smart shopping mat enable to get a property below market valu which is the best situation.
I lived on Hobart Street while I was in college at Pitt. I loved it. Even in the worst weather everything is with walking distance. 2 Starbucks, 51C Cafe, The Squirell Cage (bar), great pizza, and other food. Gullifty's has out of this world dessert. If you can afford it Sq. Hill is a perfect neighborhood. I am not an Agent, I invest in properties and have a construction business. I would be more than glad to help you analyze any property for. You may be surpised at what a little smart shopping can do.
Work with an agent they will help to protect you. The commission comes from seller so it is a win win for you.... more