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Updated over 1 year ago on . Most recent reply

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15
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9
Votes
Chad Kinsley
  • New to Real Estate
  • Wamego, KS
9
Votes |
15
Posts

High Violent & Property Crime Rates

Chad Kinsley
  • New to Real Estate
  • Wamego, KS
Posted

I am still in the analysis paralysis mode and have identified a few markets that look pretty interesting to me. Then I look and see that the violent and property crime rates are pretty high. Should someone stay away from cities with high crime rates or just figure out where the crime rates are not as bad within a city? Maybe I am worrying about something I shouldn't be. I have found an interesting correlation with lower crime rates seem to have higher median average home prices. Is this something others see pretty consistently or is my data gathering giving me a false impression? Some of the markets I am referring to are: Springfield, MO, Knoxville, TN, Chattanooga, TN, Kansas City, MO & Warner Robbins, GA. Any advice on one or some of these markets would be greatly appreciated. Thanks in advance. 

Most Popular Reply

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18,263
Posts
15,685
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Chris Seveney
  • Investor
  • Virginia
15,685
Votes |
18,263
Posts
Chris Seveney
  • Investor
  • Virginia
ModeratorReplied

@Chad Kinsley

Higher crime rates = lower property values

Lower property values = lower quality tenants

Lower quality tenants = higher vacancy and repair costs

Higher vacancy and repair costs = less cash flow

  • Chris Seveney
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7e investments
5.0 stars
16 Reviews

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