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Updated almost 2 years ago on . Most recent reply

User Stats

15
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3
Votes
Cody Kennon
  • Worldwide
3
Votes |
15
Posts

Experience with multi-family in a bad area?

Cody Kennon
  • Worldwide
Posted

Looking for multi-family deals and the least are costly are the ones in the bad (high crime) city of Jackson, MS

What has been your experience with investing in a multi-family in a not so good area?

Obviously I see that tenants could be problem and cashflow might not be as much. But I'm just getting started and don't have enough capital for one in a really great area. I was thinking of buying one that's $100k and growing from there. 

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