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Updated almost 9 years ago, 02/23/2016

User Stats

152
Posts
52
Votes
Matt Cramer
  • Residential Real Estate Agent
  • Rochester, MI
52
Votes |
152
Posts

Do you hold low income rentals? High crime rate rentals?

Matt Cramer
  • Residential Real Estate Agent
  • Rochester, MI
Posted

I'm looking into the Detroit market and surrounding areas. Pontiac seems to be low cost houses decent rent but high crime. What do you look at when investing in areas with home prices below $50k? Do you do it? Why or why not? Is cashflow the ultimate deciding factor or not? 

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