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Updated over 4 years ago on . Most recent reply

Julian M.'s profile image
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Julian M.
  • Member since Aug 8, 2020
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Julian M.'s profile image
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Julian M.
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Julian M.
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General Landlording & Rental Properties

Question for seasoned landlords

Julian M.
Posted

Whether or not to buy first investment property in class C neighborhood duplex.

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Jonathan Greene's profile image
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Jonathan Greene
  • #5 Starting Out Contributor
  • Real Estate Consultant
  • from Mendham, NJ
  • Member since Nov 29, 2016
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Jonathan Greene's profile image
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Jonathan Greene
  • #5 Starting Out Contributor
  • Real Estate Consultant
  • from Mendham, NJ
  • Member since Nov 29, 2016
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Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
7,589
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6,629
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Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
Replied

I can't help just based on that and personally, I don't even think the letter classifications are relevant. It's all subjective as to what is B in one area versus another. Where are you located? What are the metrics of the property? What type of financing or cash are you using? Do you plan to PM yourself or hire?

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