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Buying & Selling Real Estate

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Alan Davidson
  • Riverview, FL
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Class B Neighborhoods

Alan Davidson
  • Riverview, FL
Posted Mar 23 2017, 05:47

I was listening to a Paula Pant podcast a couple days ago where she talked about Class B neighborhoods.  Is that really a thing or did she make it up?  If it is a thing, how do you find these neighborhoods?

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Ryan Dossey
  • Real Estate Broker
  • Indianapolis, IN
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Ryan Dossey
  • Real Estate Broker
  • Indianapolis, IN
Replied Mar 23 2017, 05:51

That's totally a thing... 

https://www.biggerpockets.com/forums/432/topics/89731-guidelines-to-help-determine-property-grade---a-b-c-or-d

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Nick Watkins
  • Investor
  • Jenison, MI
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Nick Watkins
  • Investor
  • Jenison, MI
Replied Mar 23 2017, 05:57

Yes, some investors view by class

A= best possible location and high end homes return on investment is not normally a high percent.

B= good schools just not the higher end priced homes usually find a few older homes with people who don't move as often. 

C= usually outskirt of the inner city more crime lower grade schools

D= inner city more rundown a lot of section 8 and government housing.

WARZONE= gangs violence a place people don't want to travel and feel unsafe. 

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James C.
  • Rockledge, FL
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James C.
  • Rockledge, FL
Replied Mar 23 2017, 05:57

Alan,

Look here:

Real Estate Neighborhood Classes

Good luck, 

Jim 

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Alan Davidson
  • Riverview, FL
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Alan Davidson
  • Riverview, FL
Replied Mar 23 2017, 06:01

Thanks for the help ya'll.

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Alan Davidson
  • Riverview, FL
18
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53
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Alan Davidson
  • Riverview, FL
Replied Mar 23 2017, 06:03

Just scanning your links you would've thought that someone would've already made a Google map of such areas.  Maybe even a crowd sourced map.