Buying Houses in the Hood – Should I Invest in War Zone Real Estate?; 3560 E 114

Many new real estate investors are drawn to the cheap real estate prices that the ghetto provides. They think that it’s only x amount of dollars. What can go wrong? If you are the wrong type of investor, a lot can go wrong when investing in the hood. In this episode of The Investment Properties For Sale Show James Wise presents real estate investors with the opportunity to invest in a low priced duplex that’s located in a ghetto neighborhood in the Cleveland, Ohio market. James Wise explains the pros and cons of investing in ghetto neighborhoods that many would consider to be War Zones. A cheap real estate deal in the hood can make a lot of sense for certain investors. A cheap rental property in the ghetto can also cost the wrong type of real estate investor a lot of money. James explains why it’s important to match the right real estate investor with the right kind of property. Which type of real estate investor are you?

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