Julio Velazquez
Pros and cons of owning rent stabalized apartments.
14 January 2020 | 21 replies
I could see you being required to rent to violent felons, people with multiple evictions, terrible credit, etc.
Geren Knight III
[Calc Review] Help me analyze this deal - Large Multi-Family
15 January 2020 | 9 replies
If it's a lot of police blotters and violent / property crime reports, I know it's a D-class neighborhood.
Vincent Egan
Successful (or Unsuccessful) House Hacking Stories
29 January 2020 | 9 replies
An ADT sign in the yard and a Ring door security system helps.Funny/true story: I remember one evening when a goof ball living in the crack house next door got so drunk and violent his GF threw him out and locked the door.
Joe McGovern
Buying in rougher areas
24 February 2020 | 7 replies
Before pulling the trigger I would recommend looking at local crime reports targeting violent crimes and walk the neighborhood.
Patrice Bocci
Would you owner-occupy in a high-crime area?
4 March 2020 | 16 replies
And potential violent crimes make the property worth even less.
Aaron B.
Investing in a Brazilian Favela, a COVID-19 success story
9 September 2020 | 32 replies
In a worst-case scenario, it would be aggressive and violent tenants who don't want to leave and would physically resist removal from a property and that could be dangerous.
Ryan Daigle
Is Multifamily Truly Recession Resistant?
21 March 2020 | 28 replies
@Charles Seaman I think we're in violent agreement that this will be a different kind of recession (though they're always different in some ways from the last one).
Jonathan Forouzan
Investing in Chicago - 2-4 Units - Austin Area
16 April 2020 | 6 replies
However, once you do about 3 evictions in 5 months or people don't want to rent your unit because a violent crime just took place a week ago (the entire neighborhood knows, but YOU don't cause you don't live there) or when the tenant obliterates the unit and you have to spend $10,000 on turnover, the returns are a joke and not worth the time.
James Morrissey
Tenant Screen Advice
16 April 2020 | 10 replies
Haha....ok I'm joking, kind of...All those things are important, but first is credit score(700 or better preferred, can go lower if other conditions are optimal) and no previous evictions, no felony convictions(especially violent or sexual).
Kevin Geary
Do you own an investment property in Las Vegas, Nevada?
26 March 2020 | 15 replies
Hi Kevin,If it follows the same pattern as the last downturn, house prices will fall, people will Section 8 more homes, and more Section 8 will move from California to Las Vegas bringing an increase in violent crime with it.If that happens, expect another very large permanent increase in the violent crime rate.Good Luck!