Pittsburgh Investor to Renovate Another North Side Home
Pittsburgh, PA (PRWEB) July 23, 2013 -- Caldwell Holdings is a real estate investing firm that specializes in renovating old and neglected properties in the Pittsburgh Metro area. The limited liability company is owned by disabled veteran and former U.S. Marine Josh Caldwell. The goal of the company is to buy properties that have been neglected or vandalized, do a complete renovation and to return those properties back to the rental market.
According to company President Josh Caldwell “We are always looking for the owners of abandoned property so that we can buy and renovate the houses. We consider this our way of helping Pittsburgh come back to life”. The houses are easy to find. The signs of a neglected or abandoned house are easy to spot. In the summer the grass is untouched. In the winter boards go up across the windows if there are any windows to protect. Much of the company’s marketing is geared towards people who own property that they do not want. This marketing can range from direct mail campaigns, social marketing, and even banner signs that say “we buy Pittsburgh houses”. The challenge is to find the lawful owners of the property. These people have walked away from a house or in many cases they don’t even know that they are the owners. Inherited property is sometimes unwanted.
This newest project is located in the lower part of the city’s North Side, near Allegheny General Hospital and is a marked departure from the company’s efforts to revitalize the Brighton Heights section of the city. Caldwell Holdings has already completed renovations of properties on California Avenue, Termon Avenue, and Flemming Avenue, as well as other neighborhoods outside of the northern end of the city. According to Mr. Caldwell, “geography is irrelevant for what we do, what we want are good solid structures. We want property in neighborhoods where working class people what to live. Our bread and butter house is a three to four bedroom house with a little bit of a yard. We like to turn neighborhoods around one house at a time”.
Caldwell Holdings is proud to be part of the rebirth of neighborhoods all over Pittsburgh. On top of repairing houses, the company also beautifies neighborhoods by renovating dilapidated “eye sore” properties. The local municipalities benefit from this program because the houses go from derelict status to performing assets. The once vacant houses now enhance the tax rolls of the community. Local residents benefit from this program because many of the renovated houses are sold to owner occupants on lease-option or rent-to-own terms. This allows people who can’t get bank financing to become proud homeowners. In today’s tight credit market many hard working Americans can’t buy a house the traditional way. Caldwell Holdings is a leader in the affordable housing sector. The company also works with underserved populations in the housing market. Immigrant and disabled populations typically have difficulty buying homes. The home rehabilitation program aims to help people who are not served by the traditional market.
Owners of abandoned property should contact Caldwell Holdings at (412) 219-2890. The company will buy property in any condition and in any neighborhood.
Josh Caldwell, Western PA Real Estate Investor's Association, http://pittsburghreia.com/, 412 761 7342, [email protected]
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