Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 2 years ago on . Most recent reply

User Stats

11
Posts
3
Votes
Rendy Richiez
  • Rental Property Investor
3
Votes |
11
Posts

Please help making a decision

Rendy Richiez
  • Rental Property Investor
Posted

Getting to the point guys. There’s a property I went to see, (duplex) but it’s in the country side area of Florida like 1-1:20 minutes from Orlando. The place is growing, but it still looks desolate, streets are mostly without asphalt, people just go there mostly on winter time from the north for vacation, so the town is pretty quite on summer time, and looks like renters does not stay long. But still have a lot of homeowners that live there. Mostly retirees. What time of neighborhood is this? A, B, C,D…? Would you buy it? Thanks.

Most Popular Reply

User Stats

28,188
Posts
41,288
Votes
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,288
Votes |
28,188
Posts
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied
Quote from @Rendy Richiez:

Nobody can answer this without a lot more detail. The class of property is defined by the quality, not the location to attractions. What's the crime rate? School quality? Financial stability of residents? Condition of properties?

Even after knowing the class, we still have to know the purchase price, rental rates, and much more.


  • Nathan Gesner
business profile image
The DIY Landlord Book
4.7 stars
167 Reviews

Loading replies...