Insights

When thinking about the many factors that go into the quality of an area, parks stand out. They serve as a mediator to the number of businesses and homes that can be piled into an area while offering a break from the city life. Without Central Park, New York City would trigger unmanageable claustrophobia for anyone.

Real estate investing has gained quite the reputation as a vehicle for growing wealth. It can be tough to decide whether it’s right for you though, especially when stocks are doing so well and bonds offer a guaranteed return. Real estate has a few tricks up its sleeve though- it offers the investor four different ways to get a return on their money, all at the same time.

Everyone knows that interest rates are on the rise- the economy is doing well, and to match the price to borrow money with the demand for loans, rising rates are the variable that is manipulated. This increases a homeowner’s mortgage payment, but is it really that simple?

We manage several short-term rentals properties through Airbnb, and this is some of what we’ve learned from hosting hundreds of guests.

Is there a good answer to this question? We know a common belief – buy your home because you’ll pay it off over time, and in 30 years, you’ll have something to show for it. Renting is just throwing your money away, right?

Andrew Reichert recently spoke at the Pittsburgh Soccer’s Financial Management event and talked with the attendants about personal finance, living on a budget, paying off debt and planning for the future.

Pittsburgh real estate would provide Amazon an affordable housing market for their new headquarters and growing tech sector of business and innovation.

Trust is a necessary part of any business deal or agreement. Choosing to rent from someone is a specifically involved agreement, and trust is essential in order to work. To know if you can trust a landlord, here are a few key things you can do before signing a lease.

We recently completed our newest Airbnb property. It was previously a private home and we converted it into one of our full-time short-term rentals. Renovating a 4 bedroom home on a short turn around can be challenging, and the opportunity to welcome new guests is incredibly rewarding. We’re glad to have both in our portfolio.

2017 has been an exciting year for Birgo Realty, filled with acquisitions. We are so excited to welcome the following properties, among others, to our portfolio. We look forward to working with and serving you all!

Last year (2016), the Steel City of Pittsburgh topped the list of “Most Undervalued Cities”, a ranking that is determined on the basis of the quality of life, home values/square foot, crime rate, extreme temperature days, and walkability. Pittsburgh suburbs, in particular, have been shown to be an affordable option for many — from young professionals to growing families to older generations who desire more space and disposable income.

Our office is located in Allegheny West, a richly historic area. Our building’s used to be the site of an organ repair shop, where worship instruments were constructed and fixed to perfection. We decided to dig a little into the story of the area and the influence of organs in Allegheny County. Here’s what we found: