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Thank you for addressing my concern with the claim. My immediate thought on the article title is that low income properties come with a host of extra work and r
by ccvannorman 8y ago
Thank you for addressing my concern with the claim. My immediate thought on the article title is that low income properties come with a host of extra work and risks that "higher class" areas do not have, and the higher margin on paper is the market's reflection of this fact.
I am an aspiring real estate investor and of course have considered low income properties. The forums online are chock full of the same question and the resounding response is "Yes, on paper you can make more money, if $bad_thing doesn't happen -- e.g. $bad_thing { a, b, c, d, e ... z } happened to me or someone I know and they actually lost money over 5yr. Good luck!"