Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 12 months ago,

User Stats

5
Posts
6
Votes
Gilad Lifshitz
  • New to Real Estate
  • New York
6
Votes |
5
Posts

Deciding on the class type area where you want to invest

Gilad Lifshitz
  • New to Real Estate
  • New York
Posted

Hi there,

I'm new to BRRRR and looking to make my first deal. I understand there are classifications of zip codes/neighborhoods to Classes A/B/C etc -

I was told that usually classes A/B make more on appreciation, but barely cash flow (especially with the current interest rates), and that in C classes, you can generate some cash flow. My main focus would be to build equity so definitely appreciation is good, but would also like some nice monthly income from rent.

The thing is (and maybe it's just me) - these C class neighborhoods seem to be with higher crime rates, I'm not sure the quality of the tenants it might bring over etc, so I have some reservations about them, but not sure if it's justified or not.

Anyone have any suggestion on the matter?

In terms of areas to invest - I am currently looking at a few different options - either Columbus Ohio, or suburbs of Atlanta Georgia (I will be doing a remote investment as I live in NY)

Thanks,

Gilad

Loading replies...