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Updated about 1 year ago on . Most recent reply

Do you invest in high crime areas?
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

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.