I was wondering what people think about buying houses in an area where most likely the occupants are section 8 and the area has high crime. The house prices seem to be really low...like $8k. It seems crazy you woul...
So I am looking at a 7-unit building in North Lawndale of Chicago.Asking price is 400KNOI is 54K. It already includes property management fees.So if I put down 25% and assuming closing cost is 5%, I would have investe...
How do I know an area that has low vacancy rate? Basically how do I know if I buy a house a neighborhood it will take on average X number of days to get rented?
I would like to get a property with a budget of $300K (60-70 LTV) for LTR or MTR in a decent neighborhood. What are some great neighborhoods to look into that will bring a Cash on Cash return of at least 5%? I was con...
Hello, I am looking for C class neighborhoods to invest in. I want to stay in Cleveland. I am looking for neighborhoods with positive appreciation and cash flow. I plan to invest into smaller multi-family 2-5 unit tur...
Hello everyone,I'm new to the forum and have been doing a lot of research in buying rental properties. I currently live in the Philadelphia, but would like to invest in lower income areas such as Chester, Marcus Hook,...
I looked at an REO on Monday. I could probably get the bank down to a decent price. It had one offer on it on Monday, but the bank just lowered the price $5000 yesterday, so I guess that potential buyer dropped out.
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Jersey City Greenville Potential
Any thoughts on Jersey City Greenville potential? Thinking of some Pros and Cons in investing in a Rental Property in that area.
BP members, living in Baltimore, MD $20 to $50 thousand dollar row-homes are a dime a dozen; their everywhere within Baltimore City limits and are within my price range. I've listened to podcasts where some say stay a...
Can "Driving for Dollars" be used effectively in a high income neighborhood to find deals, or only in low to mid income neighborhoods? I've seen some dilapidated looking or boarded up houses in some high income neigh...