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All Forum Posts by: Brian Hayes

Brian Hayes has started 1 posts and replied 4 times.

Post: Class D and F areas first time investor

Brian Hayes
Pro Member
Posted
  • Posts 4
  • Votes 2

Adam Tafel. Lafayette, Louisiana. The neighborhood is called Pontalba Place Subdivision.

Post: Class D and F areas first time investor

Brian Hayes
Pro Member
Posted
  • Posts 4
  • Votes 2

Thanks for the comments! It’s greatly appreciated!

Post: Class D and F areas first time investor

Brian Hayes
Pro Member
Posted
  • Posts 4
  • Votes 2

Thanks guys for the opinions! I’ve thought about it an decided to hold off on this kind of property for now. I’ve met investors  who are very successful in these type of areas but I don’t think it’s for me right now.  I greatly appreciate the opinions thanks again!

Post: Class D and F areas first time investor

Brian Hayes
Pro Member
Posted
  • Posts 4
  • Votes 2

Hi everyone, I am new at investing in real estate. I’ve been doing a lot of studying on the subject but now it’s time to put it in action. I am looking at two four plex properties next to each other in a class F area. I analyzed the property and the numbers are good. Some of the units also have tenants some long term. I’m wondering if anyone can share there experience from owning units in these kind of areas? Is it a good idea for a first timer? I will have it managed. If I do proper screenIng can I get good tenants? Is it normally a high turn over rate for this kind of area? Is there any info I need to know I’m not asking etc. Thanks I appreciate the info!