What will nearly $1 billion mean for West Louisville

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San Diego, CA · Member since 2018 · 11 posts · 6 votes
7y

I have some reservations about the area. The fact that 70% of residents live below the poverty line and 1 in 4 have been evicted in the last year means that you'll have to deal with low quality tenants for a long time before that neighborhood turned around and you reaped the rewards of your investment. I also don't like the initiatives they're pushing to keep rents controlled in the area. 

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  • San Diego, CA · Member since 2018 · 11 posts · 6 votes
    7y

    I have some reservations about the area. The fact that 70% of residents live below the poverty line and 1 in 4 have been evicted in the last year means that you'll have to deal with low quality tenants for a long time before that neighborhood turned around and you reaped the rewards of your investment. I also don't like the initiatives they're pushing to keep rents controlled in the area. 

  • Rental Property Investor · Greenville, IN · Member since 2015 · 16 posts · 10 votes
    7y

    i own 3 properties in the area already and if you screen well its usually ok.

  • Jamane Y.Pro Member
    Greensboro, NC · Member since 2013 · 169 posts · 29 votes
    7y

    Thanks for sharing this article. I lived there in the early 80s. 

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