Seemingly overnight, real estate forums and blogs exploded. After months of equivocation and will-they, will-they-not consideration, the GOP tax plan finally seems ready to pass into legislation - causing buyers, sellers, and real estate professionals alike to leap...
Jason Cohen has been an active investor within the Pittsburgh real estate community for nearly a decade. While he began his industry efforts by purchasing and renovating cheap residential buildings in high-potential neighborhoods, he has since expanded his investments...
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.
This is Jason Cohen's first post on his blog dedicated to news and updates in the Pittsburgh real estate market. Come back soon to see new posts.