Quote from @Al Watts: @Roger Hobbes "Almost all Black homeownership in 1960 was concentrated in lower-graded (C/D) neighborhoods.

Quote from @Josh C.: It’s 100% for properties bought this year.

Even though everything’s new and should be low-maintenance for a while, someone will eventually clog a drain, break something, or have an A/C issue.

In my market class c- areas have appreciation that exceeds most markets class A areas.  

Two lanes are working best for us right now: hybrid BRRRRs in solid C-plus/B-minus areas and small commercial buy-and-hold via 1031s.

Now we're seeing investors pouring money into buying Class C rentals - but, many are getting burned.In our experience & opinion, the main determinant of property Class is not location or even property condition, those are #2 and #3.

(So much more on this subject can be talked about)- Leasing - Marketing - Take or have great pictures taken to include video walkthrough!

C.

Just looking to see what’s everyone’s thoughts about investing in newark nj long term in the ghetto (C-D class ) .. the market is crazy hot right now in this area.

This week: write your buy box, analyze five listings in two target towns, and interview three agents to find one who sends videos, comps, and lender/PM intros.