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Updated about 9 years ago on . Most recent reply

Hello Everyone!
Hi, my name is Katie. I am super new at this...I went to a Fortune Builders 3 Day thing this past weekend...lol!
I had read about it...kinda knew what I was getting into and I went there with my eyes open...and it was a little bit worse than expected...haha.
Anyway, I really do want to learn. One of my very close friends who lives in another state has experience with some real estate investing...so I have her. And my step-father is kinda big time in my little home town,...owns a lot of property....But it is new to me.
I am curious about how to figure out if a "bad" neighborhood is worthy of buying homes in...obviously they have cheaper houses and more opportunities for motivated sellers...
I just drove by a pretty bad looking house (boards in the windows, roof damage, etc) Realtor.com has it for $30K...?? So, how do you even begin to know if you should explore something like that?
Too broad a question...?? Is this the wrong place to post this....well, I am new, so maybe someone can help me...
Thank you in advance.
Warmly,
Katie