My Case for C and D Properties!
I know not everyone is against C and D properties but I have a few cases for them as a viable asset to invest in.
1. Cheaper price point to get started in real estate (cheaper is not as worse)
2. It is less affected by down economies and recessions ( the lower middle class to lower class usually work in jobs that don't fail during hard times).
3. When these people feel comfortable where they are, they are less likely to want to move ( they do not like change as much as other classes).
4. People in these communities want the same things that people in other communities want safe, affordable, and nice living space.
( If you can provide that slightly or a lot better than other people in the community than you can have an endless supply of tenants).
5. You can make a great change in particular areas of a city, state, or town and uplift the community for good while making money. (Double whammy)
What are your thoughts?