He is right of course that it COULD be a bad time to sell, but it's a risk to reward quandary and in that sense the risk now is relatively high especially if there's an aversion to loss and/or little equity.

Most of the properties I’ve looked at in other areas near 2% were in really bad parts of town... after all, there is a reason why an investor would be potentially rewarded with higher return.

It was fun to figure out, took a little bit to execute, and now reaping the rewards.

But one is in C- neighborhood and makes decent 2-300 cash flow more than the B+ neighborhood home...same purchase price.Does anyone have any guidance as to the risk rewards of either direction?

(not to say this method cant be a success for you).and i would only hope that if youre going to go through an agent, that it did work out for you.To make a long story short...about a two years ago--i began title searching home owners who were just about to hit the 90 down mark..well, it took alittle ground work--who am i kinding, it took alot of ground work in going to the homeowners directly, knocking on doors, and getting the deals before the REO listing agent did..for some reason, the harder and more resouceful the investor, ive learned the bigger the rewards..

In fact, I'm the one more likely to take my business elsewhere so that I can get better rewards.

You are an inspiration to the few that's waiting patiently to reap the rewards of real estate investing no matter the amount of the first, second, third check and the many other checks to come.The fact of the matter is you learned what it took to get paid :roll: and you made it happen.

You'll learn along the way but since you aren't providing any capital you won't get as much of the reward (but still something).

But remember the lenders are into risk/reward also.

That said, I would not want a boarding house in most other areas of the City as the clientele would be different and risk/reward would not be worth the extra work.