All Forum Posts by: Nataniel A.

@Colin Williams Yes they are! Are they that out of date?

@Glenn McCrorey From how it's advertised, you can easily make 3 times your income. So if they are the same, why doesn't everyone do it?

Is Special Needs Housing a good angle of real estate investing? Or is the typical buy and hold a better option? Any answers are appreciated!

I got a DVD set that talks about turning your investment properties into special needs housing. The projected numbers sound good (better than typical leases) but like anything, I'm sure there are downsides. Does anyone have any insight on this investment? I live in Los Angeles, CA in case that makes a difference.

Thanks!

21 Unit building in San bernardino

1,495,000 asking price

Actual GRM of 8.8 - Market GRM of 7.6

It nets a little over 100K. 

From some research and asking around I've found that this specific area isn't too safe or somewhere you'd want to spend too much time in. 

My question: If I have a great live in manager, does it matter that it's not in the best area? I imagine I'd be able to communicate with him/her for most of the issues. If the numbers are good, vacancies low, and the checks are coming in why be deterred by a "rougher" area? 

Thanks!