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Updated almost 4 years ago on . Most recent reply

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Jason Moomaw
  • Rental Property Investor
17
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45
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Investing in bad areas?

Jason Moomaw
  • Rental Property Investor
Posted

Whats your take on buying in bad areas, what I mean by that is the areas where crackheads roam, no one takes care of the steets they live on let alone there properties?

Seems like the only multi-family homes I can find with positive numbers are those ones. I also find it hard to believe the rent in those areas are not what rental calculators say they are.

They seem to be the homes thatvare on the market for ever also

Most Popular Reply

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2,434
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Michael Plante
  • Deland, FL
1,874
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Michael Plante
  • Deland, FL
Replied

Usually higher cash flow 

Lower appreciation 

Depends if it fits your short and long term goals 

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