There are dozens of excellent reasons to invest in Real Estate in Pittsburg. The city is diverse and growing, and you can find some thriving submarkets in and around Pittsburgh that are excellent rental markets. Whether you’re local to the area or from out of state and looking for a potentially profitable investment property, we’re talking about what you should buy and where you should buy it. (more…)
Why? Because until recently, the work of a property manager wasn’t taken seriously. The industry was really undeveloped and there wasn’t a lot of training and technology. That led to distrust and bad practices.
But, things are changing. There’s been a lot of innovation and investment in the property management field, and the best property managers today are doing a lot more than collecting rent and placing residents. We’re managing assets.
Deciding whether you want to sell or rent out your property is a very personal decision and there’s no single answer. It will depend on your financial situation and your plans for the future. We talk to homeowners in Pittsburgh who are moving into a different home or leaving the area for work or other responsibilities, and they’re not sure what to do with their property. Today, we’re sharing some of the things we talk about when we’re helping them make that decision.
Every rental property is unique, and while you might have an idea of how much it’s worth on the rental market, the amount of rent you actually earn will depend on a number of factors. Some of them you can control, and some of them you cannot.
Hello, my name is Christopher Wagner and I am the President of Arbors Management. I would like to start out by stating that I am very proud of the team here at Arbors and I know that each and every member strives to do the right thing for our clients and make their experiences with Arbors as pleasant as possible. We are first and foremost a service business, and it is important for me to be able to serve our clients and customers excellently. Although I am not too comfortable talking about only myself, as I prefer to lead by allowing others to grow and reach their full potential, I understand that sometimes my role requires it. After owning several companies dealing in investment properties, developments, and investment loans, I joined Arbors Management in 2007, only expanding on my experiences of over 20 years in the real estate business. I enjoy my job immensely because I truly enjoy seeing growth in others, and in my position I am able to fully support the development of my team; whether this be mentally, emotionally, spiritually, or otherwise. I hold an IST Degree from Penn State, however make great efforts to lead a lifetime of continuous learning. When I am not at work, typically you can find me with my family. I have a fantastic wife, who is my true support in life, and four wonderful children. In addition, I have served in multiple churches in different roles, including as deacon, director of the media team, and various outreach teams. I enjoy giving back as much as possible and make decisions based upon my principles, including the decisions I make in business, how I conduct myself, and the standards to which I hold myself. I am very proud of the dedication and hard work of my entire team here at Arbors Management and I would like to introduce my leadership team to you.
Hello, my name is Trisha Jester and I am the Director of Affordable Housing here at Arbors Management. I started in the property management business 28 years ago and since then have held various positions, including maintenance, assistant manager, site manager, and regional manager. I have been with Arbors Management for 20 years now. Having the opportunity to work in all aspects of the property management field and be a part of the process from start to finish has provided me with the breadth of knowledge that I need for my current position. I obtained my PA RE License in 1994, and have accumulated many hours of training in Fair Housing, Tax Credit Compliance, and Property Management. One of the things that I love most about my job at Arbors is that my team and I are able to help people who are truly in need of finding affordable housing. Together, the team and I manage over 2,450 units in Western PA and West Virginia. I have been married to my husband, Brad for 22 years, and have two sons, one in college and one on his way to college. On the weekends I enjoy road trips with my husband on our motorcycle, as well as gardening, reading, and cooking.
Hello, my name is Nicholas Griffith and I am the Director of Conventional Housing here at Arbors Management, Inc. I’ve been with the company since April of 2016, starting as a Portfolio Manager. Prior to Arbors Management I had experience in leasing and managing a growing portfolio of 300+ single family market rate rental properties. Additionally I also worked in the affordable housing industry as a Certified Occupancy Specialist working on qualifying new residents for move in and various certifications for their residency. During my time here at Arbors I’ve truly enjoyed working with our clients and customers to ensure their satisfaction with our services. Additionally, it’s been my pleasure to work with the dedicated and passionate team we have here at Arbors Management who really care about all the properties, owners, and residents we work with every day. When I’m not breathing all things property management, you can find me enjoying a meal out at one of the many restaurants Pittsburgh has to offer or conversing with friends, drinking a beer, at a local brewery. I play volleyball in Pittsburgh’s Sport League and enjoy spending time with my wife and dog.
Hi, I am Patty Recklitis, and I am Chairman of the Board at Arbors Management. Being in the property management business for more than 30 years, I have watched this industry change and grow in so many fascinating ways. As a committed employee and now Chairman of the Board of Arbors Management, I have been instrumental in shaping this company and developing it into the strong, market leader position it enjoys today.
Buon Giorno! I am Cindy Peterle-Harris, the Director of Compliance here at Arbors Management. Although my degrees are in Political Science and the Italian language, I have been working in the affordable housing field since 1980, and with Arbors Management Inc. since 1995: first as a property manager for a senior complex, then as a regional manager, and as the Director of Compliance since 2010. Although it may seem that my education and my profession are worlds apart, I have used my language skills with residents who have limited English proficiency and used the lessons I learned in international diplomacy to maintain peace among neighbors and co-workers. As Director of Compliance, much of my time is spent in research, in teaching, and in problem resolution. I really enjoy working with the managers and staff of our affordable and conventional properties and helping to provide safe and comfortable housing for seniors and families. When not at the office, my husband and I are very involved with our Church and our combined families. With the recent birth of our 10th grandchild, “Grammy” has become my favorite title!
Hi, I am Michael Recklitis and I am the director of maintenance at Arbors Management and have worked for Arbors Management since 1995. I earned a Bachelor of Science Degree in Education and a Master of Science in Marketing Education from the University of Pittsburgh. My state certification in “Building Trades and Maintenance” allowed me to teach many students, who learned the basics of building repair and hand tool usage. I owned a small HUD subsidized apartment building. This ownership helped teach me about subsidized housing, REAC inspection and the required HUD tenant certification needed to rent those units. My position focuses on the physical condition of the many properties managed by the company. I enjoy working as a team member with building staff and have facilitated many property projects with outside contractors and our property staff. I have worked with PHFA Technical Services to complete needed work at other properties that they are involved in. My many interests have included but are not limited to gardening, amateur radio and going to that occasional Penguin, Steelers or Pirate game with my wife. As a boy, I earned the rank of Eagle Scout which helped teach me values and respect. As part of being a scout, I belonged to “The Order of the Arrow” that is Scouting’s National Honor Society which helped strengthen my faith.
Hello my name is Eric Miles and I am the Vice President of Operations of Arbors Management, Inc. I have been at Arbors since 2015 and have over 25 years of experience in residential, commercial and industrial real estate accounting and controlling specializing in fields such as First Party Management, Finance and Mergers & Acquisitions. I am excited to be a part of such a well-known and respected company as Arbors Management and I am thrilled about the opportunity to earn investment returns for our property owners and shareholders. As Vice President of Operations, I lead the team of Accounting Professionals and together with my team, handle all of the financial responsibility for our entire portfolio, comprising of almost $550M in assets. I currently hold a BSBA in Accounting and a MBA in Finance from Robert Morris University as well as a BS in Real Estate from LaRoche College. In my free time, I enjoy reading and bowling and am often planning my next travel adventure.
Hello, my name is Alex Gurevich and I am the Director of Maintenance here at Arbors Management. I have over 15 years of maintenance experience working in high rise buildings and multi family complexes. I have been with Arbors since January 2019 and really enjoy working with our team. I have extensive background in electrical, HVAC and plumbing. I also enjoy working with electronics and automation, and have a huge passion for building mechanical systems and love troubleshooting problems.