Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 12 months ago on . Most recent reply

User Stats

160
Posts
34
Votes
Thuy Pham-Satrappe
  • Rental Property Investor
  • San Clemente, CA
34
Votes |
160
Posts

Do you invest in high crime areas?

Thuy Pham-Satrappe
  • Rental Property Investor
  • San Clemente, CA
Posted

For those of you who actively choose to invest in high crime areas, what do you make sure to factor into your numbers?

-higher vacancy

-higher possibility of turnover

-hiring a property management company with skill and experience in that area

-more repairs/maintenance during and after

-tell me more [please and thank you!]

Most Popular Reply

User Stats

15
Posts
35
Votes
Mareno Rathell
  • Rental Property Investor
  • Milwaukee, WI
35
Votes |
15
Posts
Mareno Rathell
  • Rental Property Investor
  • Milwaukee, WI
Replied

I purchase in high crime areas. I usually get duplexes in decent condition for about $22k and put a couple of Grand into it with myself doing the work. I make $700 per unit per month.

I have all long term tenants who pay on time all the time and they take care of my places. I find most landlords in high crime areas just want the cash but don't duo their due diligence when screening tenants.

Ultimately if you screen properly, have a well taken care of property and you are a good landlord, you will get good tenants.

Loading replies...