Any money in low to middle class neighborhoods? - Posted by HT
Posted by HT on November 07, 2000 at 20:29:30:
I wanted to acquire some insight from some of the contributors in this forum on making money in the low to middle class neighborhoods.
I go through neighborhoods that I would rank as a five or six on a scale of ten and I see lots of homes for sale (agents, HUD, VA, FSBO). Most of these neighborhoods are nice, except for the 3-4 neighbors who don’t maintain their properties and bring down the value of everyone else’s homes.
Outside of using the older methods, such as buy (extremely) low and (attempt) to sell high, is there anyone out there having a measurable level of success with properties in similar areas?
If so, what methods are proving most effective (flipping, subject-to, all cash offers, owner financing and selling notes)?
Any and all feedback would be greatly appreciated.