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Updated over 8 years ago on . Most recent reply

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8
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2
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Judi Smith
  • Chicago, IL
2
Votes |
8
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Considering investing in the hood/ghetto

Judi Smith
  • Chicago, IL
Posted
Wanted to hear from investors who have investment in the hood? I'm a newbie and really can't afford to invest in the high in or middle-class area and want to know is a smart decision to start investing in not so great neighborhoods where property is a lot cheaper? I've been looking at property in low class neighborhood and see that the property is more affordable my concern is if that is a an illusion due to the fact that there are more risk involved with investing in low class neighborhoods. Would like to know or hear from someone who invest in that community.

Most Popular Reply

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570
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452
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Eric H.
  • Real Estate Solutions Provider
  • Baltimore, MD
452
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570
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Eric H.
  • Real Estate Solutions Provider
  • Baltimore, MD
Replied

@Judi Smith Congratulations on deciding to make a move in the RE game!! Investing in the hood is definitely a specialty and not for everyone. Read this thread in it's entirety.

https://www.biggerpockets.com/forums/61/topics/115...

It's filled with nuggets from some successful hood investors. Feel free to reach out as I invest in these communities as well.

I wish you the best!

Sincerely,

E. Harris

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