I’ve never heard of anyone having success investing in a war zone

[Robert Collins]

I’m reading the book on long distance investing and it’s on the part about warzones and I’ve never heard of anyone having a great experience investing or managing property in those areas. I read the section 8 bible book last year and that may be the closest thing to hearing someone have success, but even then I’m not sure if that was warzone or just low income . What has been you guys/gals experience? Let’s talk about it . 

[Alan G.]

@Robert Collins

Robert, you really have to define war zone. I’m in tough areas but even i have my limits. I can tell you there is plenty of money to be made but you will def work for it. My tenants are tougher on the properties and my maintenance percentages are higher than normal. You have to buy right and know how to renovate for this.

I currently own almost 60 properties. I am also in the middle of my operations every day and live about 30 minutes from the bulk of my properties which are all in very close proximity to each other. 30 percent of my tenants are section 8. I deal with the local housing authority, have a great handyman, and also amazing contractors that do all of my work. This is not a long distance type of business. I have to inspect and see everything. You must be involved. Now, that being said, my returns per door are incredible but by no means “passive”.