Even when Pittsburgh isn’t 60 degrees in December, the city is full of fun options for young city residents. With an abundance of activities geared toward youthful city denizens, the city has transformed itself year-round into a place that appeals to younger residents. At Jason Cohen Pittsburgh, we invest in properties that we subsequently rent, often to twenty- or thirty-something residents who are flocking to the city. For investors looking to rent their assets, Pittsburgh is an optimal location and the abundance of initiatives that attract young residents ensure that the city will continue to thrive for landlords.
Pittsburgh offers of an array of winter activities for fitness enthusiasts to be outdoors even in the winter months. Several holiday-themed 5K races as well as yoga events keep active folks busy outdoors even when the temperatures dip. The ice rink in Schenley Park offers adult-only skating on Friday evenings for those who want a peaceful night on the ice. The annual Polar Bear Plunge is a chance for cold lovers to dive into one of the local rivers and prove their mettle.
Winter is also the time for beer festivals at the convention center where craft brew enthusiasts can warm up from the cold by tasting the interesting ales, lagers, and the like from the region and beyond. The South Side will even host a chili cook-off and street festival. The Pittsburgh winter can’t stop the quarterly gallery crawls downtown, nor the monthly low-bey Unblurred on Penn Avenue.
In addition to Pitt basketball, the city offers other affordable sports entertainment for younger residents. The Penguins offer discounted tickets to students to enable the city’s youth to experience hockey at Consol Energy Center. The Student Rush program epitomizes Pittsburgh’s commitment to making the city an attractive place for young people to live and rent.
As real estate investors, we at Jason Cohen Pittsburgh strive to make our repositioned rental properties appeal to these young residents that have been part of an influx to the city. We strategically invest in properties in areas of the city that appeal to a younger demographic and renovate, adding amenities to suit their active lifestyles. From the activities being offered this winter, we think that this trend is catching on. The city’s amenities make it attractive to young renters, therefore a great place to invest in rental properties.