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Updated 10 months ago,
Properties in low income / bad neighborhoods
Hey everyone!
Starting my wholesale journey right now :)
I have some experience in buying real estate for rentals and flips.
As a rule I made for myself, I won't work in areas where I know crime levels are high and are generally low income areas, becasue I know how hard it is to sell them (if its a fix & flips) or rent them.
Nowadays I'm looking into starting my wholesale business and was curious about that...
Does it matter for the cash buyers? I get that each investor is different but generally speaking, for the average fix & flipper does it matter?
Should I still filter those bad neighborhoods?
Thank you all!