Real Estate Agent · Winnipeg MB · Member since 2018 · 12 posts · 2 votes
Does anyone here have any experience with proerties in rough neighborhoods? They obviously have the cheapest housing, but obviously less desirable tenants for the most part. Wondering if the damage and late/no pay is worth the cheaper housing? There are houses here for $90-$100k that can be rented for $850.
A 100k house that rents for $850 is a loss each month. We can buy houses for 30-50k that will rent for $850, but they will definitely be more management intense.