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Updated about 12 years ago on . Most recent reply

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291
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Callum K.
  • Rental Property Investor
  • Tulsa, OK
102
Votes |
291
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A, B, C, D property ranges

Callum K.
  • Rental Property Investor
  • Tulsa, OK
Posted

I realize that the classification of A, B, C, or D properties discussed in this forum are basic rules of thumb, and can certainly vary by location, quality, age, etc. However, I am interested in getting others perspective on a dollar figure for their area or even in general.

In Oklahoma, Missouri, Texas, Arkansas and Louisiana and probably much the Midwest (excluding higher density metropolitan or destinations), I would suspect it to be somewhere around the following:

A - $150,000+
B - $60,000 to 150,000
C - $25,000 to $80,000
D - $5,000 to $30,000

Most Popular Reply

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Rob K.
  • Investor
  • Southeast, MI
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Rob K.
  • Investor
  • Southeast, MI
Replied

I was under the impression that it has more to do with crime and the people in the area and less to do with price. I could be wrong.

I've been using a definition like this:

A The kind of neighborhood you live in or would like to live in.
B A nice working class area
C A little sketchy. Lots of Section 8 renters and property crime.
D War zone. Murders, rapes, robberies. Boarded up ghetto.

I could be wrong on this. If anyone else can chime in, please do. Steve Babiak had a link a while back talking about this.

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