All Forum Posts by: Justin Chan

It's a niche market. There's money in it, but it takes a lot of time and effort to learn the niche. And definitely, the further the neighborhood shades to D-class (and the real dividing line between C and D is crime and police response time), the less chance you have of making it work effectively.

Thank you for your advice!

0 Votes

Providence, Rhode Island

Quote from @Eliott Elias:

If the neighborhood you’re describing, is anything like where I invest (C/D class) the property is going to be a headache for a long time. Is it worth the potential?

Yeah definitely a c/d class as of now. But wondering if it’s slowly getting gentrified with all the new condos and Lofts being built.

0 Votes

Providence, Rhode Island

Hello all!

Kind of new to bigger pockets but love all tools and information! Thinking BRRRRing a 3 family unit in a not ideal neighborhood. I actually grew up in the neighborhood and the school systems are not the best. But I see a lot of change happening! A new train station just opened that is approximately a 9 min walk that goes to Boston, MA. A lot of lofts were just built close by and they are building more! Are rentals walking distance to train stations more valuable? Thank you in advance for the feedback!

2 Votes

Providence, Rhode Island

All Forum Posts by: Justin Chan

Justin Chan has started 8 posts and replied 23 times.

Post: Thinking of BRRRring in a not ideal neighborhood.

Post: Thinking of BRRRring in a not ideal neighborhood.

Post: Thinking of BRRRring in a not ideal neighborhood.

Justin Chan has started 8 posts and replied 23 times.

Biggerpockets Logo Post: Thinking of BRRRring in a not ideal neighborhood.

Biggerpockets Logo Post: Thinking of BRRRring in a not ideal neighborhood.

Biggerpockets Logo Post: Thinking of BRRRring in a not ideal neighborhood.

Post: Thinking of BRRRring in a not ideal neighborhood.

Post: Thinking of BRRRring in a not ideal neighborhood.

Post: Thinking of BRRRring in a not ideal neighborhood.