So you are left with barely positive cash flowing (or negative cash flowing)
home in the worst neighborhoods with no protection from «professional tenants» or nightmare tenants who don't pay rent but you can not evict easily.
Not exact matches
«Just be aware that being the best house
in a tough
neighborhood, though, which it is by far, is a lot more difficult than being the
worst home in a fabulous
neighborhood,» the «Mad Money» host said.
The
worst are Doggy Concentration Boot Camps where they say it is a
home — and then you go there
in a
bad neighborhood and there are 50 dogs
in cages
in the garage.
If you do live
in a
bad neighborhood, you should try to get an alarm system or something to make your
home safer and this could help with prices.
Realtor.com ® reports that a small but growing number of listings nationwide are advertising «ugly
homes,» complete with descriptions of the
home as «dirty» to the «
worst in the
neighborhood.»
A three - bedroom
home in Mechanicsburg, Pa., is also trying to use the «
worst home in the
neighborhood» hook to lure a buyer.
These were small single family 2bed / 1bath
homes in pretty
bad neighborhoods.
And if you're less than enthusiastic about the areas better suited to your client, you'll end up showing
homes in those
neighborhoods with a
bad attitude that could infect your buyer.
This is very
bad for
home owners too as rent control leads to run down housing and not being able to control
bad people
in good
neighborhoods.
@Dave Younts There are a lot of investors that make money
in lower income
neighborhoods without being a slumlord or offering dumpy
homes to
bad tenants.
I struggle because I have lived
in a rough
neighborhood and hated seeing slumlords buy dumpy
homes and put
bad renters
in them.
Coldwell Banker said of the $ 475,000, three - bed, two - bath
home in Northridge, Los Angeles, described as the «
worst home in the best
neighborhood.»