How do u classify neighborhoods in your area ?

[Nicholas Weckstein]

So how do you classify A,B,C, and D class neighborhoods in your investment areas? Obviously price has to do with it, crime rate, income levels, condition of properties in area. But is their a guideline ? Something more solid or is it really just a kind of personalized assumption. for me, I have a rental in a C+ class neighborhood. Super quiet, never any crime in this part of the township, working class families. Only reason I say C+ instead of maybe B or B- (if that’s a thing) is because a lot of the houses are older. Pretty even mix of rentals and owner occupied. Maybe slightly more owner occupied. So to me thats C+ but maybe to some it’s not. Maybe some it’s B, maybe some it’s D.