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Updated over 6 years ago,
Investing in cheap houses VS expensive ones
As I'm starting out im realizing all sub 60k houses are in bad neighborhoods where the crime stats are higher and/or significantly higher than usual. With that risk in mind, isn't it easier and safer to invest in 100k houses and up and secure higher rents? What's the point of having two cheap houses that bring in 1500 bucks in rent a month and double the work and trouble when you can buy one more expensive house and rent it for 1400 to stable tenants. Would like to hear from both sides. Also does anyone specialize in 200k and over houses, and how is that working out? Collecting $2000 in rent a month seems like an easier option.