Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
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 9 years ago on . Most recent reply

User Stats

6
Posts
2
Votes
Sam Nichols
  • Oakland, CA
2
Votes |
6
Posts

Buying in "C" neighborhoods

Sam Nichols
  • Oakland, CA
Posted

Hi All,

Just starting into this real estate adventure on my first couple properties, I have an agent I like (reco from a good friend) and am personally interested in cash flow and COC return so I point out several properties I'm interested in and the agent says "I try to steer people away from those types of properties, "C" neighborhood properties, they're just a lot of trouble". So he's pushing me more towards "B" neighborhoods which have lower COC (~14% instead of ~18%) and almost half cash flow. Now I'm wondering, given a good property management company, how are "C" neighborhood properties more trouble than B for me?  If the vacancy loss, management fees etc are all disclosed and calculated into the property performance, why not pick the more performing property even if its "more trouble"?

Thanks!

Loading replies...