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Updated over 6 years ago on . Most recent reply

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27
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Rashida Sigmond
  • Atlanta, GA
18
Votes |
27
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Do anybody invest in the C, D, F neighborhoods aka "the hood"

Rashida Sigmond
  • Atlanta, GA
Posted

I was just wondering if anyone invest in the C, D, F neighborhoods (aka "the hood").  If so what are the pros of this.  The cons are pretty obvious.   Do you still focus on certain areas or is it any "hood"?

Most Popular Reply

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94
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40
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Brandon Cravens
  • Investor
  • Houston, TX
40
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94
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Brandon Cravens
  • Investor
  • Houston, TX
Replied
Originally posted by @Rashida Sigmond:

I was just wondering if anyone invest in the C, D, F neighborhoods (aka "the hood").  If so what are the pros of this.  The cons are pretty obvious.   Do you still focus on certain areas or is it any "hood"?

Poor people are still people. I would never invest in a 'war zone' known for drug trafficking, prostitution, gang warfare etc, but providing decent hard working people with a clean, safe place to stay for competitive rent is a good thing.  Just don't tolerate excuses and run as a business. That said, I agree that "C" area and maybe "D" property (at first, with plan to turn it into "C") is about as low as I'll go.  

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