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Updated about 5 years ago on . Most recent reply

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Kenneth Coleman
  • Dallas, TX
4
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18
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Renting in bad neighborhoods

Kenneth Coleman
  • Dallas, TX
Posted

Hey, would you rent out a house in a bad neighborhood? If so, what should I look out for? If not, why wouldn’t you?

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218
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175
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Andre Taylor
  • Rental Property Investor
  • Chicago, IL
175
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218
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Andre Taylor
  • Rental Property Investor
  • Chicago, IL
Replied

You can find gems in bad areas when it comes to properties and tenants. Yes true in bad areas there are higher percentage of bad tenants but trust me there are some good ones out there..its just due to their financial status they cant live in good areas. I constantly see investors bash bad areas...and alot of them either had bad experience and most of the time they did not do their research when it came to finding the right property as well as thoroughly checking out the tenant. All of my properties are in a C area and I have good tenants and the reason why? I grew up and came from a C area....my mother paid her rent on time and our place was always kept clean....I seen the bad and good type of tenants in a C area growing up which gives me a little edge because I know what to look for with tenants as well as I can identity a small area within the C area to buy property. Its all about doing your homework

  • Andre Taylor
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