Need a REALTOR® for your
Pittsburgh investment property?
OutofTownLandLord connects you with the Pittsburgh, PA area’s very best property investment specialists. A licensed, experienced, dedicated REALTOR® who will deliver stunning results and stellar service. Learn about the REALTOR® and the Pittsburgh market below.
Anthony Angotti, REALTOR®
Pittsburgh Investment Specialist
Counties: Allegheny County
Cities and Towns: Pittsburgh and Greater Pittsburgh Area
Licensed Since: 2016
Company: Deacon and Hoover Real Estate Advisors
About Anthony Angotti
Tony Angotti is an agent and investor that got started by purchasing a duplex and living in one side and renting the other (House-Hacking). He continues to purchase rental real estate and works primarily with investors to do the same. His own buy and hold portfolio currently consists of more than 70 units and is made up of single family homes, small multifamily, mixed use, and small multifamily buildings. Tony always has his client’s best interest at heart and as a result many of his clients purchase multiple investment properties with him.
Specializing in remote and out of state investors has been key to the growth of Tony’s business. He provides a tremendous amount of service including consulting with clients to determine the submarkets of Pittsburgh that they should be in based on their goals, taking walk through videos and pictures for properties of interest, scouring the market for both on and off market cash flowing property, and meticulously tailoring the search for investment properties. More than just MLS alerts, Tony hand picks properties to send to you based on your criteria. Continuing that service Tony doesn’t consider his job completely done when the transaction closes. He provides a number of quality contractor contacts, property manager contacts, and other professionals to ensure that your property is a success.
Prior to working in Real Estate Tony had a career in Sales where he ranked in the top 5% of the company in new accounts generated and was at 167% of forecasted sales. He achieved that by always looking out for his customers, always following up on questions and concerns, and hustling to get the job done. After becoming an investor Tony was upset by the level of service provided to investors by real estate agents so he decided to become one himself. The same mentality that made him successful in sales continues into his real estate career and helps to drive the success of his clients.
Tony joined DHRE to provide his clients with the highest level of service based on the team concept so that they are always taken care of. Tony currently coaches youth ice hockey in Pittsburgh, runs the Pittsburgh REIA South Hills Investors Networking Group, and enjoys backcountry camping. He and his fiancé live in the South Hills with their two cats and have a goal of purchasing 40 units in the next 5 years.
About the Pittsburgh Market
Pittsburgh has strong rent to price ratios along with historic stability in property values. Tourism has been increasing and with the technology sector having jobs spread across a variety of companies and industries, Pittsburgh is a growing city. As for students, the universities are strong and there is plenty of area for student housing. In fact, National Geographic listed Pittsburgh among 30 of the Best Cities in the United States based on unconventional metrics believed to lead to happiness, including: green spaces, galleries, coffee shops, breweries, music venues, "Instagrammable" moments, and more. Based off of economics, housing, amenities, infrastructure, demographics, social and civic capital, education and health care, Livability ranked Pittsburgh 34 out of the top 100 places to live in the world.
INVESTMENT PRICE POINTS IN the Pittsburgh Market
In our market, entry level points for investment are 70K-140K for “C” and "B" class homes that will cash flow. They may require some cosmetic renovations. For "C" and "B" class multi-family homes, the entry level points for investment are 60k-100k. They will be able to find places where monthly rent is 1.2-1.5% of the purchase price which is above the 1% rule of thumb that many investors look for regarding cash flow.
Free Report: Demographic and Housing Data on the Pittsburgh Market
This report has all the info you need to help you decide if the Pittsburgh market is right for you! Click here to get your free report.