Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $50,000

Sale price: $120,000

3 family house built in late 1800's. Renovated a couple apartments and made so...

Something new to me is when I see people letter grading real estate areas. "The building is in a C+ area." What constitutes a C+ area? B area?

How is this determined?

Thank you.

Arnie

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