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 5 years ago on . Most recent reply

User Stats

31
Posts
35
Votes
Maurice Selva
  • Property Manager
  • Santa Rosa, CA
35
Votes |
31
Posts

Should I buy in A-A plus neighborhood?

Maurice Selva
  • Property Manager
  • Santa Rosa, CA
Posted

Debating whether to buy off market property in Houston that is 20 % below recent sales, walk scores are decent, all the schools are between 6-7 and rent is .8%-1% of the value. My reluctance is that it is in an A -A+ neighborhood and everyone I've listened to has said that it is best to buy in a B-C+/blue collar neighborhood so that your chances of keeping a longer term tenant and avoiding annual vacancies will be low.  Property doesn't need a stitch of work and is super clean but for whatever reason they are selling below and off-market. 
Would appreciate your feedback.......Maurice

Most Popular Reply

User Stats

3,790
Posts
4,454
Votes
Cody L.
  • Rental Property Investor
  • San Diego, Ca
4,454
Votes |
3,790
Posts
Cody L.
  • Rental Property Investor
  • San Diego, Ca
Replied

What area are you calling A+? The reason those blue collar areas are often suggested is the returns are better. If you can get near 1% in an A area do it all day long 

Loading replies...