Progressive Property Investments

PET FRIENDLY and newly renovated listing! Check out our awesome Stone Wall apartments over on Walnut Ave. This building features onsite lockable storage, off/on street parking, coin operated laundry, and a beautiful outdoor patio that will be completed in the Spring '21! All utilities besides electric is paid for by the landlord. What could be better than that? Don't miss on this awesome place, reach out to us today! Visit the Website: https://contactppillc.managebuilding.com/Resident/public/home
#RentPPI #Greensburg #realestate #propertymanagement #apartmentliving

Pet Friendly, newly renovated, multiple bedroom apartment building located in Downtown Greensburg! This unit offers great space to accommodate multiple needs. Utilities such as water, sewage, and trash are even included! For more detailed information please visit our website: https://contactppillc.managebuilding.com/Resident/public/home
Hope to hear from you soon!
#RentPPI #greensburgrealestate #DowntownGreensburg #Propertymanagement #realestate #apartmentliving

Looking for places to live closer to the Pittsburgh Area? Well look no further! PPI has a beautiful, high end finished, apartment building in Edgewood with easy access to I-376. Units currently available with more finishing renovation in the early stages of 2021. Don't miss out so many people are excited for this property, they'll go quick! Visit our website for more details! https://contactppillc.managebuilding.com/Resident/public/home

#RentPPI #PittsburghLiving #Pittsburghrealestate #greensburgrealestate #propertymanagementcompany #Rent

1031 exchanges

1031 exchanges.....great tool to understand how to grow your portfolio

2 units turns into 10 units!!!

Beautiful, newly renovated, and FULLY Furnished unit available in Downtown Greensburg. Parking spaces provided and all utilities included!
Make sure to check this out soon, it'll go fast! Reach out to us or view our website https://contactppillc.managebuilding.com/Resident/public/rentals for more information! #progressivepropertyinvestments #Greensburg #Rent #RealEstate #apartmentliving #downtowngreensburg #RentPPI

New porch and fence transformed the back of the #greenmonster. The snow helps a little, too ❄️ #valueadd #outdoorspace #oldhousegoodbones #beforeandafter #progressivepropertyinvestments #downtowngreensburg

Welcome Nate and Monica to #downtowngreensburg ! #welcomehome #apartmentliving #downtowngbg

Beach cottage transformation!

Long video but a good one. Careful planning and talented team can quickly improve a property.

We are incredibly grateful for our passionate and hardworking team. In a year where loss and heartache has been in the forefront for many, we are counting our blessings. Happy Thanksgiving to you and all of those you call family and friends 🦃 #progressivepropertyinvestments #rentppi #grateful

Florida contractors....I count four guns; you?!

Fresh coat of #sherwinwilliams gauntlet gray and masonry finishes on the back of The Otterman. #beforeandafter #downtowngreensburg #restorenotdestroy #progressivepropertyinvestments #rentppi

The Otterman facade update begins with #sherwinwilliams tricorn black and gauntlet gray. #trusttheprocess #progressivepropertyinvestments #downtowngreensburg

Value add opportunity!

Awesome opportunity for partner Chad Reed and I in this 21 unit just outside of booming Swissvale market. More details to come....stay tuned!

It was reaaaally hard for George to let go of the Ford Flex, but PPI is growing and needed to upgrade to a new ride from @wilkinsautomotive #scaling #progressivepropertyinvestments #letitgogeorge #newwheels

PPI Office and Exterior Finshes

The roof and gutters are being finished and our office has flooring! Part of our team spent time today working in the Pittsburgh market while others were in Greensburg and Latrobe taking care of our residents’ needs.

Value add Friday ✔️

Average rents starting at $500, now at $850 with RUBS (Ratio Utility Billing System). Tune in tomorrow with George to learn how to increase revenue at your apartment complexes 📺

Gorgeous original wood floors were hiding under the carpet at the #greenmonster. Check out the 2nd floor stairs and bedroom reveal. 💎 in the rough. #beforeandafter #oldhousegoodbones #progressivepropertyinvestments #downtowngreensburg

We are hiring skilled carpenters and looking for a dynamic admin coordinator that will support us with all aspects of our business. Our current assistant has seen better days 💀

Admin coordinator: Full time, benefits, and PTO

Contact owner George O’Brien for details @[email protected]

Living room of the #greenmonster gets a face lift. Wallpaper removed and walls refreshed with #sherwinwilliams agreeable gray and alabaster. Floors got a nice matte finish. Natural light is winning! #oldhousegoodbones #beforeandafter #progressivepropertyinvestments #downtowngreensburg

#greenmonster 1st floor kitchen reveal comin’ at ya! High value, low cost finishes: sylvania outdoor pendant light $10, ikea matte black cabinet hardware $3. Trim and wall color in #sherwinwilliams alabaster to brighten up the tiny footprint. Can’t go wrong with a galley kitchen to maximize space. #oldhousegoodbones #beforeandafter #progressivepropertyinvestments #downtowngreensburg

Time flies! A year ago, Rod Khleif and his coaching program encouraged us to connect with like-minded, growth oriented individuals, and it’s been invaluable advice for both our personal and business growth. Looking forward to the day when we can all gather again.

Awesome first day of learning from the man himself @rod_khleif @ Baltimore, Maryland George O'Brien III Ben Schutrum

The narrow footprint of this downtown Greensburg bathroom made the budget reno a challenge. IKEA vanity and cabinet and #sherwinwilliams alabaster everywhere was the perfect cure. #greenmonster #oldhousegoodbones #beforeandafter #progressivepropertyinvestments #downtowngreensburg #keepitsimple

Diversified our portfolio and made some longtime dreams come true with the purchase of this old salty beach cottage. 51 steps to the sand and killer ocean views from the rooftop deck. It’s a cozy place in need of some love and reno, but that’s what we do best 🌴#staugustinebeach #saltlife #workhardplayharder #coastalcottage #locationlocationlocation #beachrental #multifamilyrealestate #progressivepropertyinvestments

TK Property Maintenance LLC completed a beautiful restoration of this aging retaining wall and made the backyard flat and functional 👌 #outdoorspace #downtowngreensburg #greenmonstergetsafacelift

Another versa lok retaining wall, grading and landscaping project we wrapped up this week.

Project update: downstairs bathroom reno is coming along quite nicely! ✔️Walls painted. ✔️Floor tiled. ✔️Toilet moved. ✔️Vanity and lighting upgrade. #greenmonster #beforeandafter #oldhousegoodbones #revitalizegreensburg #progressivepropertyinvestments

George talks with Dion Huey about finding success in tertiary markets. Thanks for hosting #progressivepropertyinvestments, Dion! Click to listen 📺

https://youtu.be/fQeEe6vEcDY

In our industry, we are typically told to stick with larger MSA’s that have a minimum population of one or two hundred thousand, has had consistent growth in population, income, and jobs over the past ten or more years, consistent rent growth and more. The challenge is there are so many investors throwing money into those markets that cap rates have compressed to a point where it’s becoming increasingly difficult to make the numbers work. Why not consider a path less traveled by the masses? This is exactly what George O’Brien did when he began investing just outside of Pittsburgh, Pennsylvania. While the surrounding area may not be one of the first places that comes to most people’s mind as an ideal place to build wealth in real estate investing, George has found tremendous success, including developing consistent deal flow, hitting double-digit cash-on-cash returns, and achieving the support of community banks willing to bankroll his investments. You may not have massive appreciation at the end of the holding period in these markets, but you can receive solid cash flow.
Learn More about George O’Brien and access the episode Link here:
Audio Version:
1) iTunes: Multifamily Investor Situation Room
2) Podbean: https://www.podbean.com/media/share/pb-qxwm7-e7b944
3) Youtube:
Join Our Facebook Deal Group: https://www.facebook.com/groups/MISRDealGroup

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The green monster is green no more. #sherwinwilliams charcoal blue, copper roof and wide window trim in progress. Stay tuned for the final reveal. #beforeandafter #oldhousegoodbones #multifamilydesign #downtowngreensburg #progressivepropertyinvestments

Happened upon some lovely details during a walkthrough of the #greenmonster reno today. Check out this beaded post and letter slot. How charming! #downtowngreensburg #oldhousegoodbones #homerenovation #progressivepropertyinvestments #rentppi

We’ve got drywall and electric, folks. Whole house gut and reno in progress...trust the process 🔨🏡🤞 #progressivepropertyinvestments #oldhousegoodbones #kitchenandbathreno #downtowngreensburg #greenmonster

Bridges

Don’t burn bridges and have systems and people in place so you can get “away” but while still making money while you sleep!

It’s amazing what refinished floors (and kid laughs) can do for a space. #oldhousegoodbones #beforeandafter #downtowngreensburg #progressivepropertyinvestments

Key management!

Early mistake was to not implement a “master key system,” but now we have them organized, thanks to our Operations Manager, Ben Schutrum.

Roof progress at future home of PPI 🔨🧱🏡

Due diligence

Remember....due diligence isn’t just the inspection of the physical property!

Better suited for the ground......but part of the job!