I would try to buy a 2 - 4 units in a B to
C Class neighborhood with a good chance of appreciation over the next 2 years.
I have a 4/1 in
c class neighborhood at 23325 Roger Dr.. In Euclid.
But
the C class neighborhood is much more likely to be affected in a downturn and naturally carries more risk being in a lower class neighborhood.
The C class neighborhood will always outperform the A class neighborhood.
properties in local D and
C class neighborhoods.
That being said I think
the C class neighborhoods in Cleveland are different then Indianapolis.
This is clear to see when you analyze the returns on A class neighborhoods vs.
C class neighborhoods for Anytown, USA.
We sell a lot of turn key properties in South Kansas City in both B and
C class neighborhoods.
Not exact matches
We'll see how people respond to the
C -
Class hybrid when it arrives in Mercedes dealerships this fall at a base price that we think will be in the
neighborhood of $ 45,000.
It's not BMW steering feel and feedback, but it's in the same
neighborhood now, which couldn't be said about the
C -
class in the past when you compared it with the 3 - series.
If you are happy living in a B
class neighborhood, or even a
C class, the numbers get a lot tighter.
I think of a
class C neighborhood as a ghetto.
The house was in what I'd consider a B -
neighborhood (working
class but homes and yards kept up well, not many renters) in an overall geographic area that I'd call a
C -.
I know it's subjective, but what
class of property /
neighborhood are you focusing on (ie A, B,
C)?
Find out what your personal preference is regarding the type of
neighborhood you'd like to buy (A, B,
C, D
class neighborhood), then the type of property (A, B,
C, D
class property) in that defined
neighborhood.
Learn how to identify and evaluate A, B, and
C -
class neighborhoods here.
Property is in a
class C neighborhood.
Class: D /
C / B Property in a B / A
neighborhood
I tried to use a detailed «pretty» for rent sign in a
Class C / D
neighborhood and my sign, came up missing?
However, I spent the better part of 2 days in this
neighborhood tracking down a meth - head who stole from me, in and out of lots of
C / D
class MFH, and I can tell you that as a 6» tall 195 lb male with a Glock, I was paying very close attention to my surroundings.
I'm not looking as much at metrics and numbers (although any that you can offer would be great) but more so about good
neighborhoods to look in for
Class B /
C, recommendation of good teams, what rents are like.
Is this an A, B,
C, or D
class neighborhood?
I would classify this as a
Class «
C»
neighborhood.