You might heard someone said don’t invest the property in bad and low income neighborhoods. However, how much do you understand between the terms “bad” and “low income”? Today, we share this article for you to look at what separates these both.
Rule Zero: Don’t Trust Your Eyes
It’s easy and intuitive to look at a property and if you don’t like the first impression you get of it, walk away. Unfortunately, real estate investing isn’t that kind of party: If you want to win this game, you have to play strictly by the numbers. This means looking at statistics, prices, and environmental factors, not at the faded siding, broken windows, and missing shingles. Each of the points that follows is a guide about which factors mean “low income” but don’t mean “bad” when it comes to investing in a home in that neighborhood
To read the full article, please visit What Separates Bad Neighborhoods And Low Income
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