How do you know whether a neighborhood is A, B, C, or D?

How do you know whether a neighborhood is A, B, C, or D?

Member since 2022 · 17 posts · 7 votes

How do you know whether a neighborhood is A, B, C, or D? Is there like a list or is it more just subjective based on a common set of criteria? 

Thanks!

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Real Estate Agent/Investor · Peoria, AZ · Member since 2016 · 2k+ posts · 2k+ votes
4y

@Michael Hunt

Everyone will have their own criteria, but here is something to help guide you and give you a general sense of how to grade a neighborhood. 

https://realwealth.com/learn/c...

https://morrisinvest.com/blog/...

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  • Specialist · Easton, PA · Member since 2018 · 1k+ posts · 2k+ votes
    4y
    Quote from @Michael Hunt:

    How do you know whether a neighborhood is A, B, C, or D? Is there like a list or is it more just subjective based on a common set of criteria? 

    Thanks!


    Take a ride around. Are the lawns manicured with BMW’s in the driveway (A)  or are there bunches of trouble makers hanging on the corner or someone’s “stoop” or outside the local liquor store (D) 

    My properties are in “c” areas -   mostly hardworking blue collar lower middle class with a mix of dirt bags and an occasional meth head running around.  

  • Real Estate Agent/Investor · Peoria, AZ · Member since 2016 · 2k+ posts · 2k+ votes
    4y

    @Michael Hunt

    Everyone will have their own criteria, but here is something to help guide you and give you a general sense of how to grade a neighborhood. 

    https://realwealth.com/learn/c...

    https://morrisinvest.com/blog/...

  • Member since 2022 · 17 posts · 7 votes
    4y
    Quote from @Bob Okenwa:

    @Michael Hunt

    Everyone will have their own criteria, but here is something to help guide you and give you a general sense of how to grade a neighborhood. 

    https://realwealth.com/learn/c...

    https://morrisinvest.com/blog/...


     Thanks for the articles. As an aspiring out-of-state investor, I'm unable to physically drive around and dig into the neighborhoods. 

    Would realtors typically be able to help assess the different neighborhoods by class?

  • Investor · Austin, TX · Member since 2021 · 9k+ posts · 5k+ votes
    4y

    Drive it at night 

  • Bruce WoodruffPro Member
    Contractor/Investor/Consultant · San Diego / Phoenix · Member since 2021 · 12k+ posts · 15k+ votes
    4y

    For me, it's just a feeling......

    And if you have to carry a gun, then it's a C- or D...

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