Investor Mindset
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago,
Investors who focus on A&B neighborhoods.
I would love to hear from investors who, exclusively or nearly so, focus their SFH investments on properties in "A" or "B" neighborhoods. Why do you do this? It seems like the primary trade off is a quality of tenant base for ROI on your money (less hassle).
My two properties so far were probably in a C and C- neighborhoods, and those were mixed result. The C turned out OK, but required a lot of effort from me. The C- was just a mistake (maybe it was a D).
Most of the area near me would be considered A or B at the least. Housing and rental markets are very tight and prices and rents have been going up and up with little inventory of either because everything gets scooped up immediately.
I'm not necessarily asking a question other than wanting to understand those who focus on these nicer areas and what motivates you to do that.
Thanks