Jason Cohen has lived and worked as a real estate professional in Pittsburgh for over a decade. Over the course of his time in the city, Jason Cohen founded the informal real estate advising group, Jason Cohen Pittsburgh, which serves as a forum for investors seeking advice on their Pittsburgh-based ventures. In this post, Jason uses his familiarity with the region to offer insights into a few prominent Pittsburgh neighborhoods.
With their new appliances, sleek countertops, and freshly-painted walls, remodeled houses are meant to impress. For a potential buyer conducting their first walk-through, the surface appeal of a touched-up house can be appealing; however, first-time buyers should avoid making a decision based off of aesthetic appeal. Unfortunately, a number of renovators choose to prioritize cheap cosmetic updates over more vital (and expensive) structural renovations – leaving the unaware buyer with the heavy financial burden of making expensive repairs. Don’t be pulled in by a flashy hack job – watch out for these warning signs when you walk through a home!
Thirty years ago, the best – and perhaps only – way to quickly find a potential home was to make an appointment with a local real estate agent and search for promising listings together. Now, however, the searcher is at an advantage; according to a survey published by the National Association of Realtors in 2016, a full 44% of buyers searched online before reaching out to an agent. Listing information is literally at a buyer’s fingertips; with a few quick clicks or swipes, a buyer can see home options in her preferred neighborhood and come to a real estate agents with a few options already in mind.
Renovating houses for sale is all the rage on reality television. Dirt-cheap fixer-uppers turn with seeming ease into beautifully expensive homes on-screen, and audiences wonder if they can turn the same profit as their favorite on-screen stars. Unfortunately, the numbers are against aspiring home-flippers. When Jason Cohen of Jason Cohen Pittsburgh strategizes, he always reminds his advisees that 12% of flipped homes sell at a breakeven or loss price even before calculating for expenses.