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Updated over 4 years ago,
What criteria to use for higher crime neighborhood opportunities?
Full-time flipper here now pursuing BRRRR deals in my market and others.In my market, "successful" BRRRR deals are rare unless you are going into areas that have more crime activity as referenced by the city's public crime data. I like the idea of investing to help create affordable and updated housing in communities, but the numbers (and mitigated stress) have to work. My question is for active BRRRR and/or rental property investors, what are your criteria to either pursue or not pursue a rental property in areas that have higher publicly registered crime activity?
- Adam Sullivan