Investors in High Crime Distressed Areas - Class D

[Joshuam R.]

I was born in low income due to that lived in the hood, bad ones as a kid (Camden, NJ | Projects in PR) also first few years as a married couple (Texas Ave, Americana Blvd, O.B.T.) "Started from the bottom now we here" level now.

I know we all here share plenty of advice to stay away from certain products or risks and projecting your personal reasons of why you don't want to invest in this, in that, etc.

I know all investments are hard work and dealing with people and responsibilities are hard work, but I want to know who actually is pursuing such properties in such neighborhoods with open arms and actually enjoy it and love the results in such D class and enjoy managing them.

[Bob S.]

Quote from @Joshuam R.:

I was born in low income due to that lived in the hood, bad ones as a kid (Camden, NJ | Projects in PR) also first few years as a married couple (Texas Ave, Americana Blvd, O.B.T.) "Started from the bottom now we here" level now.

I know we all here share plenty of advice to stay away from certain products or risks and projecting your personal reasons of why you don't want to invest in this, in that, etc.

I know all investments are hard work and dealing with people and responsibilities are hard work, but I want to know who actually is pursuing such properties in such neighborhoods with open arms and actually enjoy it and love the results in such D class and enjoy managing them.

 Buying as many as we can in certain neighborhoods of C and D areas. Heck we bought all in for 25k, with rents of about 23k NET per year, do the math. Now those same properties are selling for 100k, and IMO will triple over the next 5 - 8 years. Its ALL about knowledge and your team. I just picked up a 7 unit two weeks ago all in 200k net rent about 39k, IMO it will double in value as we see/ know whats coming. I can provide many many examples of properties in the C- D areas that have doubled tripled or more.  again its ALL about knowledge and your network. I love it when people tell us we are crazy. 

All the best