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Updated over 8 years ago,
Cheap real estate - Bad area.
I'm currently looking for my first investment property in North Eastern Pennsylvania. One of the properties I am looking at consists of 3 buildings and 7 units total. The asking price for this property is $85,000. Sounds like a good deal, but the property is located in a pretty rough area. Is investing in a property that is located in a bad area worth it?