Birgo

Birgo Capital

What is an accredited investor?

What is an accredited investor? How do you become one? What are investment options for accredited and unaccredited investors? The definition of an accredited investor is determined by the Securities and Exchange Commission (SEC) in Rule 501 of Regulation D.
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Market Profile: Pittsburgh

Birgo Capital's series of Heartland real estate market profiles have analyzed interesting markets for multifamily investors. This week, we’re bringing this series home to the Steel City, the City of Champions, the City of Bridges — you already know it, the ‘Burgh.
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Market Profile: Columbus

We're going to the Buckeye State. We will look at Discovery City, the Arch City, Cap City, the Indie Art Capital, Cowtown, Cbus, and the Biggest Small Town in America — you guessed it, it’s Columbus. OH-IO!
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Birgo Battles: CoStar vs. Yardi

CoStar and Yardi provide analytics on real estate markets. These softwares are priceless to real estate investors who love to dig up data about markets and properties. Just like American runs on Dunkin', Birgo Capital runs on CoStar and Yardi.
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An Intro to REITs: 12 Terms Every Investor Should Know

Real estate investment trusts (REITs) are companies that own or finance real estate assets, and make ownership shares available to investors. In order to hold the classification as such, REITs are are required by US law to distribute at least 90% of their taxable income as shareholder dividends.
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What’s the Fed news, and what does it mean for real estate investors?

Last Wednesday, the news broke that 13 out of 18 members of the Federal Open Market Committee believe that the Fed will increase interest rates at least once, and perhaps twice, in 2023. 
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Market Profile: Cleveland

We’re returning to the Buckeye State to visit the City of Champions, the City of Lights, the Rock and Roll Capital of the World, Forest City. The city is known as both “The Cleve” and “The Land,” so if you haven’t guessed it yet — well, allow us to recommend another shot of espresso.
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What is DeFi? (and how will it impact real estate investing?)

DeFi is short for “decentralized finance,” an umbrella term referring to a set of efforts and technologies that use crypto and/or blockchain technology to disrupt traditional finance by eliminating institutional obstacles and intermediaries. DeFi could have several implications for real estate investing.
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Market Profile: Lexington

We're taking a trip to the home of the Wildcats in this market profile. Lexington, KY is a competitive real estate market largely due to low cost of living and industry stability.
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Market Profile: Buffalo

We could write an entire article on their famous chicken wings, but we thought we'd stay true to ourselves. Learn about the opportunities and risks in Buffalo's multifamily real estate market.
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What Does a Value-Add Real Estate Strategy Actually Mean? A Guide for Beginners

Like every other industry, real estate comes with buzzwords, and few are as popular or ambiguous as value-add. Everyone has their own definition, but what does it actually mean? From Birgo Capital's point of view, "improving returns by removing hurdles and accessing a property’s true value."
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Market Profile: Louisville

Gone are the days where Louisville was primarily known for manufacturing. Present day Louisville is filled with museums, art galleries, restaurants, and Fortune 500 companies. Our latest blog article touches on why we think Louisville is worth considering for any real estate investor.
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Meet Our Team: Nicole Shirk

Nicole Shirk, Birgo's Head of People, entered the hot seat and let the world learn a little more about herself. Her main advice: "Ask questions and listen well. Much of our core learning in life transfers from one context to the next if we take the time to observe, listen and reflect.‍"
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Market Profile: Detroit

How does the Automotive Capital of the World compare to other metros in terms of economic trends, market analysis, and opportunities for real estate investors? We broke down Detroit's upsides and risks in this market profile.
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What real estate investors look for in a new market

What should investors look for in a market? What kinds of returns can an investor realistically expect? What is revenue growth going to look like over time? Discover the questions all investors should be asking when determining which market to invest time and capital into.
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Market Profile: Morgantown

Take a drive with us just over an hour south of Pittsburgh to a West Virginia college town and home of the Mountaineers. You guessed it: we're analyzing the real estate market potential of Morgantown, West Virginia.
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Market Profile: Rochester

Earlier this month, we posted the first of a series of market profiles about emerging metros that we think could be promising for real estate investors interested in doubling down on the value proposition of workforce housing in the Heartland. Next up: The Flower/Flour City.
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Market Profile: Cincinnati, The Queen City

Our Heartland metro profiles analyze markets that we think could be attractive to investors. First up, we’ll be focusing on the Queen City, The City of Seven Hills, The ‘Nati… you guessed it, Cincinnati. 
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What does stimulus mean for multifamily?

Even in normal times, American investors get a little nervous every four years. Uncertainties about election outcomes become uncertainties about the investment landscape — and that reality is more pressing this year because of the crisis economy we’ve been living in (or trying to stay socially distant from) for the past eleven months.
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Cryptocurrency: What Real Estate Investors Think About Bitcoin

Cryptocurrency isn't the first, and won't be the last, innovation by which the tech sphere impinges on the financial sphere. We're reluctant to aim our crystal ball solely at technological innovation, but the collapse of Bitcoin would likely generate some kind of influence vacuum waiting to be filled by the next emerging technology.
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Will Interest Rates Go Up in 2021?

Interest rates may or may not rise this year. How’s that for precise?! Our conviction is that real estate investors can generate strong returns in both low- and high-rate environments, but there are real strategic differences between those environments, and there’s no substitute for preparedness.
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“Gamestonk!!”

Securities traders make moves that are tethered to the operations and valuation of the companies whose stock they buy and sell. Usually, that works pretty well. Until this happened. A digital flash mob originating on Reddit — a popular internet message board — stormed the hedge fund citadel on Tuesday, January 26, 2021, aggressively buying and promoting a series of stocks that the hedge funds held short positions on.
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Private Equity Real Estate Investing: Large Firms VS. Boutiques

Food for thought: If you show up at the grocery store and need 200 tomatoes, some of them won’t be very fresh. If you only need 2 tomatoes, you can likely find 2 especially fresh specimens. Let's take a dive into how this relates to private equity real estate investing.
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What is Ethical Investing?

Ethical investing is a strategy where the investor's ethical values are the primary objective, along with good returns.
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3 Reasons to Invest in Real Estate in the Heartland

As we look to expand our portfolio, geographic expansion is inevitable. Our latest blog touches on why we think real estate in the Heartland fits directly in with our investment strategy.
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How Far Up, How Far to the Right, and When? A Real Estate Return Metric Glossary

There are a multitude of metrics by which to measure this very tendency. You’ve probably sampled the alphabet soup before: IRR, GRM, MOIC, and more — a host of variations on the theme that have spawned a litany of sometimes-confusing terms.
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An Overview: Types of Commercial Real Estate Properties

Investing in “commercial real estate” often seems like a logical next step for serious investors who want to gain best-in-class exposure to the real estate asset class. However, it’s easy to become overwhelmed after realizing that commercial real estate encompasses a significant variety of property types. Birgo Capital is here to help introduce investors to commercial real estate property types. Let's take a brief look into each commercial real estate asset type.
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Private Equity Real Estate Fund Structures: A Primer

Tiptoeing into the world of real estate private equity fund investing can be intimidating because the structure and terms can seem difficult to digest. Let's explore the structure and unique features that exist within private equity real estate funds. 
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Renting with Pets - Birgo Realty

Most people go through life with at least one furry family member by their side. Whether you are a dog or a cat person, one thing remains the same, you love them like your own family! Because they are such an important part of your life, knowing what to expect when renting with animals is essential. Here are a few tips and tricks to help you with your next move.
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Visiting Pittsburgh's Neighborhoods/How to Choose a Neighborhood

Pittsburgh is a fascinating, thriving city. It overflows with history, culture, and activity. However, there are multiple neighborhoods, all with a unique mini-culture. Which one should you visit, or consider taking up residence in?
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How Data Analytics can Drive Real Estate Investing

Today, everywhere in real estate, companies are throwing around terms such as “Big Data” and “analytically-driven decisions” when it comes to developing new business strategies that guide decision-makers in making sound insights.
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What to Do in Pittsburgh in the Summer

Pittsburgh in the summer is one of the best times to be in the city. Warm weather, great food, music, and much more are around the corner for everyone lucky enough to be here now.
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Financial Literacy Event: Makes Cents in 2019

Our team is looking forward to volunteering at Makes Cents 2019, a financial literacy event geared towards high school students. This is the first year that the event is being organized by Mission C, Go Realty’s non-profit partner. In past years, Makes Cents was organized by the Global Shapers community hub in Pittsburgh.
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The Most Overlooked Thing in Pittsburgh Apartment Hunting

When choosing to rent an apartment, people often just look for a physical place to live. They only concern themselves with amenities like parking, furnishings, if utilities are included or not, etc.
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Andrew Reichert - University of Pittsburgh CBA Outstanding Alumni Recipient

Andrew Reichert, President and CEO of Birgo, and Principal of Birgo Capital, was recently honored with the CBA Outstanding Alumni Award.
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You Don't Need to Rip People Off to Succeed in Real Estate

To succeed in real estate, there is the pervading myth that you have to rip someone off. Apparently, success is only possible if you cut corners or cheat someone. We’re here to bust this myth. How do you ward against individuals, business, and organizations that have poor intentions? Look at their priorities. What do they claim to value? Is that reflected in how they go about business, how they treat others, how they spend their time?
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How to Avoid Frozen Pipes Over the Winter

This post is part of a series FAQs from our tenants. We hope that it helps address common questions or concerns for renters and homeowners.
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How Often to Check Your Furnace Filter

Different homes require different changing schedules. A few factors that affect how often are listed below.
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Questions to Ask at an Apartment Showing

When looking for a new place, it’s essential to ask the right questions at an apartment showing. We’ve hosted plenty of showings, and know exactly what questions are relevant to finding a new home. We even put together a free, downloadable guide of what to ask through the entire apartment hunting process. For now, though, let’s focus on questions to ask at an apartment showing.
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5 Tips to Find the Right Renters Insurance For You

Thanks to tighter lending restrictions and rising home prices, more people than ever are choosing to rent rather than buy.
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Revitalizing Allegheny Commons

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.
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The 4 Strategies for Real Estate Investing

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.
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Buying Real Estate with Rising Interest Levels

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?
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How to Have the Best Airbnb Stay

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

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?
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Financial Management Event

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.
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Pittsburgh Real Estate and Amazon

Pittsburgh real estate would provide Amazon an affordable housing market for their new headquarters and growing tech sector of business and innovation.
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FAQ: How do I Know if I Can Trust a Landlord?

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.
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New Short-term Rentals: Northside Townhome

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.
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Welcome, New Properties!

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!
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Best of Pittsburgh Suburbs - An Overview

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.
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From Organ Repair Shop to Real Estate Firm - Our Office's History

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:
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What to Know Before Buying a Property

Buying a property is a major decision. Whether you are an aspiring home owner looking to buy that perfect dream house or a real estate developer looking for your next big project, buying a property needs careful considerations. Before you take the plunge, do your homework. A big investment like a property needs to be thoroughly investigated to save you the heartache, financial woes, and legal issues at a later stage.
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Birgo Realty Spanning the Ages

There are numerous studies that examine generational differences in the workplace and the challenges and benefits that come with. At Go Realty, we have the fortune of working with a team spanning the ages. We practically have a team member from nearly every adult decade.
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City of Pittsburgh: Real Estate and Culture Hub

The city of Pittsburgh real estate landscape is truly enticing for buyers and real estate developers alike. If you enter the city of Pittsburgh through the Fort Pitt Tunnel, you can witness the gorgeous skyline of the city. You will then be on the bridge that will take you where the rivers Allegheny and Monongahela meet and form the Ohio. Pittsburgh today has expanded in all directions and has numerous bridges that connect the rivers and neighborhoods.
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New Short-term Rentals: Renovated Carriage-House

We recently completed renovations on an Airbnb property. It’s a historic single-family home in the Northside. Previously a carriage house in the Mexican War streets, we’ve revitalized the older building into one of our newest short-term rentals.
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Important Things to Consider in Property Development

Over the years, Property Development has become quite a lucrative career path for many. However, many tend to jump right into it without any preparation which can have a negative effect on their finances. You’ll need to educate yourself on the property, the present markets, the finance, town planning laws, the construction processes and the marketing of real estate projects. Here are a few guidelines to get you started:
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Important Traits of a Successful Real Estate Developer

Becoming a successful real estate developer requires perseverance and a unique set of skills. Here are some important traits that you need to inculcate to become one.
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Investing in Commercial Real Estate - How it Works

Commercial real estate is an investment of long-standing, tangible assets that give returns in two ways: first in the form of rent or lease returns, and second in the value appreciation of the property. Risks in this kind of investment are low, and this kind of real estate, as opposed to the purely residential real estate, comprises of office buildings, industrial property, hotels, farmland, and the such like.
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Building Relationships Through Pizza

At Birgo Realty, one of the most important things to us is building relationships. We are committed to improving lives through real estate. Whoever we come in contact with and do business with we seek to honor and create value as a result. Investors, property owners, contractors, and tenants alike, you all make up our partnerships.
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Why Pittsburgh is The Best City for Airbnb

We might be a little biased, but Pittsburgh is the place to be. Considering that The Huffington Post refers to the burgh as the “Coolest American City You Haven’t Been to.” and since 2000, has topped Forbes’ list six times for being the most livable city.
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New Short-term Rentals: Historic Mansion Turned Airbnb

We recently completed our newest Airbnb. This property was previously owned and occupied by the former owner of Penn Brewery, which is located just the road. Although the building was originally intended to be a single family home, it has since been renovated to house six units, including our Airbnb apartment, which adds to our collection of short-term rentals.
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Best Places to Live in Pittsburgh

“Home is where the heart is”, but it’s important to take some key things into consideration when deciding where to move. We’ve gathered distinct facts about Pittsburgh and its most attractive neighborhoods so you’ll be able to decide where is the best Pittsburgh place for you to live.
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Finance and Real Estate: REITS

The real estate world is intrinsically connected to other professional fields. The links vary, but in the financial sector, there is a concept which has become very similar to the stock market. A REIT, or real estate investment trust, is a perfect example of the intersection of finance and real estate.
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Pittsburgh Real Estate Affordability: 3rd Most Undervalued

Pittsburgh has recently been named the 3rd most “undervalued real estate” city in the country. This is not the first time Pittsburgh has received praise for job availability, real estate affordability, and overall opportunity.
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Renting Benefits Around in Pittsburgh

In our current financial climate, renting is a perfect opportunity for people, especially young people, to have freedom and autonomy with housing. If someone chooses to eventually buy a property, they can go forward with an understanding of the commitment. They will have first experienced the renting benefits of the market and can make an informed decision.
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Northside of Pittsburgh: Rich History, Affordable Real Estate

Pittsburgh has been rated the most livable city in America on numerous occasions and has accommodated newcomers for centuries. The Northside history is concentrated and rich. This part of Pittsburgh features many different districts which are generally grouped together such as the Mexican War Streets and Allegheny West, Birgo Realty’s own neighborhood.
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Cap Rate: What is it and Why is it Relevant?

Cap rate, a term frequently used in real estate, demonstrates the return on one’s investment in a property, usually a commercial building. It is defined as annual operating net income divided by the cost of the property. What needs to be noted for financing purposes, and could easily be forgotten by some people, is that debt on the property is not taken into account for. Also, it needs to be understood by potential investors that cap rate is not the same as the cash flow.
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Real Estate Funding: Opportunities Available to You

Other than actually identifying a property, the most important thing to consider is money. Some properties can be purchased and sold for millions of dollars, amounts which not all people have access to at any given moment. There is a multitude of ways which a person can find the proper funding for his or her property. In real estate funding, much of will depend on personal credibility and the type of investment property.
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Pittsburgh is the Real Estate Haven for Millennials

There are two things that most people, particularly young, post-graduates need – available jobs and affordable housing. Millennials in Pittsburgh have access to plenty of both.
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Makes Cents Financial Literacy Event

We recently facilitated Makes Cents Financial Literacy event through Mission Commision, in a partnership with University of Pittsburgh, Global Shapers Initiative, and other partners.
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Home Tour: Historic Apartment in Troy Hill

We just finished renovations on a short term rental space located in Troy Hill!
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Our Story

Go Realty was founded on the belief that good business is the act of serving and honoring others and providing excellent returns on investment. We are committed to providing spaces for others – to extend grace and work alongside others in creating value and opportunity in our community. We implement a cutting-edge management style, with a commitment to integrity and stewardship.
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Real Estate Investment Trusts: Market Application

Previously, the concept of a REIT was discussed and demonstrated as a great way to invest one’s money with the hopes of ensuring a return on the investment. While there are risks with any investments, the upside was much greater than the downside for REIT investing.
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Top Questions to Ask While Apartment Hunting With Checklist Download

Choosing an apartment is a lengthy process. From deciding if the neighborhood is right for you to asking the dozens of needed questions about the space and its amenities – it can be easy to feel overwhelmed. We’re here to help with that. We’ve created a free checklist of “must ask” questions while apartment hunting. Simply click this link, and you can download a PDF version to use while looking for the right home.
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Living and Working in North Side, Pittsburgh - Join Us!

Birgo Realty’s mission is to improve lives through real estate. We are committed to serving others and providing spaces to live, work, and gather. Particularly in the North Side.
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Pittsburgh Apartments

Whether you are a seasoned pro or the new kid on the block, choosing the right apartment in Pittsburgh can be difficult. Often times, you are making a decision quickly to avoid losing your dream apartment. To lighten the stress, you should keep in mind a short list of things you find important to you when looking for your next place.
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Pittsburgh Homes

Pittsburgh is a city full of old homes dating back to the early 20th century. These homes fill the city with history, a few quirky details, and a lot of love from families over the years. Many design companies today are helping to ensure that old homes that have fallen by the wayside over the years become beautiful again. While these renovations may be phasing out certain quirks like the strange “Pittsburgh toilet” found in many basement corners, they are giving way to a new found appreciation for features and finishes original to the homes.
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Pittsburgh Neighborhoods

Whichever way you wander from downtown Pittsburgh, you are sure to stumble upon a neighborhood with lots to offer. The sheer number of neighborhoods surrounding Pittsburgh is something to boast about, but what is really impressive is how different all of the neighborhoods are. All of these neighborhoods hold different qualities and things to do, so there is a neighborhood for you to visit no matter what you are looking to do each day.
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Pittsburgh Real Estate

Pittsburgh real estate has been changing quite a bit over the past few years. Local real estate investment companies are rebuilding communities in and around downtown. This rebuilding is not only helping the overall Pittsburgh real estate market, it is also helping future homeowners, current homeowners, and the communities as a whole.
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Where to Live in Pittsburgh

There are so many tough decisions to make before even choosing a house. What realtor should you use? How are you going to sell your own home? Most importantly, what neighborhood do you want to live in?
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Living in Pittsburgh

Over the past few years, it seems like everyone is giving accolades to Pittsburgh. The “Steel City” has been named by The Economist most livable city three times in the past ten years, with the most recent being just last year. The high honors certainly come as no surprise to those living in and around the Pittsburgh area. However, it has led to some head scratches from those that are not familiar with this vibrant metropolis.