Investors in High Crime Distressed Areas - Class D
Please if you like to share, pretty please with a cherry on the top, do so only if you personally or your operations reflect this question, thank you:
"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."
Most Popular Reply
Iḿ recently migrating out of class Ds but Ive done them for the majority of my investing career. I have my share of horror stories but to the the same degree I have had much success. I know how to mitigate the risks and keep the tenants in line (most). I guess one part I do find rewarding is when I find that special tenant that deserves a good unit and great landlord. Most, just because of their zip code have never experienced decent housing experiences with landlords who respect them, the culture and community. It feels good to me when they say I´m the best they have ever had.