Updated about 6 years ago on . Most recent reply
Help! Good cash flow numbers but in lower class ghetto area
title says it all i have a fourplex under contract and upon seeing the location was not thrilled to see that it was in kindof a ghetto area and kinda run down. However the numbers and cashflow are very good. The already in place tenants seem fine but i know that tenants come and go. I just keep going back and fourth, I'm curious to know everyones experience in this area. Thank you all!
Most Popular Reply
Read my thread....pretty active discussion on lower income properties.
https://www.biggerpockets.com/forums/48/topics/745381-calling-all-successful-low-income-class-c-d-investors