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Updated over 6 years ago,

User Stats

214
Posts
63
Votes
Alex Silang
  • Real Estate Professional
  • Las Vegas, NV
63
Votes |
214
Posts

Affordable housing / "slum lording"

Alex Silang
  • Real Estate Professional
  • Las Vegas, NV
Posted

Interesting perspective I have here. I'm a "numbers guy" and the numbers fooled me into buying a poor property. Had 4 evictions in 3 years. Sold for a huge profit though.

The way I see it, operations matter a lot (tenant selection and management). If you can get it to work, affordable housing is going to offer a good ROI.

And although it's called "slum lording" by its detractors, you're providing a very needed service.

So how can one good be a good operator in affordable housing?

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